“The Red River Farm Portfolio is the ideal property primed for investment farmland,” Republic Ranches Partner Bryan Pickens said.
DALLAS (PRWEB) December 08, 2020
Republic Ranches, an elite farm, ranch and rural properties brokerage firm serving Texas, Oklahoma, Colorado, New Mexico, Louisiana and Arkansas, has listed a unique farm portfolio of 13,982 acres concentrated along the Red River in Northeast Texas and Southeast Oklahoma.
This region’s local livestock and poultry markets have strong grain demand which helps to support a positive basis over the Chicago Board of Trade. Red River Valley Farm Portfolio boasts 11,335 tillable acres and capacity to store more than one million bushels of grain.
With Red River pumping rights, reliable water resources have already been developed to irrigate 4,193 acres, and there is potential to significantly increase development of irrigation systems to support additional parcels.
“The Red River Farm Portfolio is the ideal property primed for investment farmland,” Republic Ranches Partner Bryan Pickens said. “With immediate opportunities to continue to support farmers’ markets with grain, corn, soybean and wheat crops, there is a consistent and stable return on rent.”
“While many asset classes have endured daunting price fluctuations in the current market, top-tier farmland has remained resilient, generating rock-solid returns that reflect its proven income-producing capacity,” The Land Report Editor Eric O’Keefe said.
Large contiguous tracts span across Lamar, Bowie and Red River Counties in Texas, as well as Little River County in Arkansas and McCurtain County in Oklahoma. Most farms are accessible by hard surface roads. The Red River Valley Farm Portfolio is listed at $49,360,203. The farm portfolio is also being offered in smaller packages ranging from 571 to 7,220 acres.
About Republic Ranches
Republic Ranches was founded in 2011 as an elite farm, ranch and rural properties brokerage firm serving Texas, Oklahoma, Colorado, New Mexico, Louisiana and Arkansas through their offices in Houston, Dallas, San Antonio, Corpus Christi, Austin, and Hondo (Texas); Albuquerque (New Mexico), Pagosa Springs and Telluride (Colorado). With over $1 billion in real estate sales, Republic Ranches works to successfully manage the divestiture of their clients’ rural land assets and identify the right property for its buyers. With listings ranging from raw land to farmland and working cattle ranches with the basic amenities, or the most elegant vacation retreats with pools, golf courses, and runways and hangars for private planes, Republic Ranches has professional representation of some of the finest ranches in North America. To learn more, visit republicranches.com.