SEALED BID AUCTION
BID Deadline Extended!
November 12 - November 23, 2009 2PM ET

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SOLD! 12/31/09

Recent Market Activity on Other Riverfront Properties

155.9 acres sold 10/9/08
$3,500 per acre
Grantor: Plum Creek Timberlands, LP
Grantee: Yellow Jacket River Rats, LLC
Deed Book/Page: 1165-54
Note: This is the sale of a heavily thinned Flint River front tract that is located just south of Yellow Jacket Shoals and Shelly Island. The property fronts on the unpaved portion of Roland Road. The timber is mostly thinned pine with some minor hardwoods.

487.12 acres Sold 3/26/08
$6,877 per acre
Grantor: American Natural Resources, LLC
Grantee: Juliette Mill Lake, LLC
Deed Book/Page: 671-127
Note: This is the sale of a large river front tract located on State Route 83 in south Jasper County. The tract was purchased as part of 1,722.30 acres at public auction from Juliette Mills in August, 2007. It had about $1,000 per acre of timber value when purchased in 2007, but a pine beetle infestation required a timber harvest prior to the 2008 sale. The estimated timber value at the 2008 sale was about $800 per acre.

94.91 acres Sold 6/2/09
$5,374 per acre
Grantor: LJL Investments, Inc.
Grantee: American Natural Resources, LLC
Deed Book/Page: 750-134
Note: This is the sale of a woodlands tract with frontage on the east bank of the Ocmulgee River. The tract is located on unpaved Upper River Road (River Road) just north of the Town of Juliette in Jones County. The bulk of the tract, 89 .91 acres, is located on the east side of Upper River Road, and 5.00 acres are located on the west side of unpaved Upper River Road with river frontage.

22.38 acres Sold 11/6/09
$13,405 per acre
Grantor: American Natural Resources
Grantee: Unknown at present
Note: Sale of a natural woodlands tract located on the east side of the Ocmulgee River in Juliette. Most of the property is located in Jones County, but the river and lake area is located in Monroe County. The property fronts the west side of unpaved River Road just north of Town of Juliette.

169 acres sold 6/17/09
$7102 per acre
Grantor: Lee and Susie Williams
Grantee: Layman Law Firm
Deed Book/Page: 637/523
Note: This is the sale of a river front tract on the Aucilla River located in Jefferson County, Florida. 1/2 mile frontage on the Aucilla River.

The Investment

River Bluff is one of Georgia's historically significant properties (aka "Old Agency Reserve"). With 2± miles on one of the highest bluffs on the Flint River and an extraordinary River Lodge, "A" list properties of this caliber are rarely available at investment or wholesale prices. Just as other high quality assets have remained "recession proof," these high quality properties continue to be sought after by investors in this extreme market. The fact that two recent sales brought record highs doesn't negate the reality of situations where the need for liquidity compels sellers to engage in immediate action thereby providing both investors and recreational users with incredible opportunities.

River Bluff was purchased as a family recreational investment property by a landowner that still has over 1,000± acres of family land nearby dating back to the 1800's! He had sold River Bluff to a friend and actually bought it back years later. He then took hand hewn barn beams that he had been saving, along with other unique wood, and built a dream house for himself and his family. As the national economy deteriorated, he attempted to try to keep part of River Bluff and sell part. River Bluff was previously listed by the seller in multiple pieces for $6,611 per acre for Tract 2 and $2.4 M for Tract 1 with the River Lodge. The seller, with the cooperation of his lender, is seeking to immediately convert this asset into cash.

There are several Key Values that are intrinsically unique to River Bluff that set it apart from other properties on the market today:

  • Water: 2± miles on one of the highest bluffs on the Flint River and a historical Creek Indian Rock on the river. This is one of the top riverfront properties on the Flint River. Located where the Piedmont and the Upper Coastal Plain meet, River Bluff has a rare combination of incredible topography and wildlife. This is not just a hunting property. There is year round family enjoyment with not only great hunting, but boating, fishing, eco-tourism, and things to do year round.
  • Investment Grade Value and Capitalizing on Opportunities: Owning a plantation is an investment. High quality, "A" grade plantations continue the trend started in 1888, and even in today's recession, consistently prove they are one of the strongest real estate investments. What this current recession has done is cause properties like River Bluff to be placed on the market that would otherwise not be available and they are being offered without speculators driving up prices.
  • History and Intrinsic Value: This is one of Georgia's historically significant properties, founded in 1796 and is the site of "Old Agency Reserve". River Bluff was founded by Col. Benjamin Hawkins, one of George Washington's chief advisors and member of the Continental Congress. It is near the center of what was once 10,000 acres of probably the first non-coastal plantation in Georgia and center for Creek and American commerce. It is more than coincidence, that with his choice of all of the land in Georgia, that the Colonel picked River Bluff. This is a very special area; in fact, the current owner of River Bluff still owns land nearby that has been in his family since the 1800's. Today, River Bluff is a recreational trophy property.
  • Turn Key: This property is ready to be stepped into. All the work has been done down to the lodge being professionally decorated. Little needs to be spent on this property.
  • Improvements: Complimenting this high quality property is the custom River Lodge which cost approximately $800,000± to build. Also, there is a future home site with underground power and a 6" well already in place, an equipment barn, a 120± feet wide deeded access with granite rock, underground utilities come all the way from the highway to the property, a good road system, an additional future gate site with stone columns, 7 customized shooting houses, 7 two-acre food plots, two dove fields, and a duck pond. There is easily over $55,000± in very nice three board creosote fences with each post sunk into concrete and custom deer stands.
  • "Higher and Better Use": The "higher and better use" benefits of this property could easily be capitalized on in the form of a conservation easement. The Trillium plants here alone attest to the quality of this property. There are multiple potential home sites overlooking the river. The current IRS tax code allows for a reduction of up to 50% of Adjusted Gross Income and carry forward of up to 16 years for a conservation easement donation!

There is no reason for someone who is a legitimate buyer in this specialized asset class to not place a sealed bid on a high quality auction property like River Bluff.

Capitalize on this rare opportunity to own a unique high quality property at investment grade prices.


Property Highlights:

  • 2± miles on One of the Highest Bluffs on the Flint River
  • Founded in 1796 as One of the Oldest Plantations in Georgia
  • Beautiful Section of the Flint
  • Beauty of the Piedmont with the Wildlife and Fertility of the Upper Coastal Plain
  • Professionally Decorated & Furnished River Lodge 2500± sq. ft. (w/ an additional 2500± sq. ft. of outdoor spaces) with 185 year old hand hewn beams, river recovered pecky cypress, heart pine floors, Tennessee field stone, nestled into the landscape on a bluff overlooking the Flint River
  • Future Homesite with Underground Power and 6” Well in Place
  • 7 Two-Acre Food Plots & 7 Customized Shooting Houses
  • Great Fishing, Boating, and Family Recreation on the River!
  • Deer, Turkey, Dove, and Quail
  • Three Board Creosote Fence & Equipment Barn
  • Two Dove Fields
  • Park-like, Pastoral Mature Hardwoods
  • High Quality Successional Forest with Rare Flora
  • Spring Fed Creek and Waterfall
  • Site of “Old Agency Reserve”
  • Located Approximately 33 miles SW of Macon, Georgia, At the Intersection of Hwy 128 and Hwy 137 Just 7 miles North of the Historic Town of Reynolds, GA
  • Convenient Access from I-75
  • Excellent Candidate for a Conservation Easement
  • Higher and Better Use Potential