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Details about the Country Home
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| County: Knox |
Type: Acreage |
Acres: 356 |
| Address: |
City: Barbourville |
State: Kentucky |
| Zip: |
Price:
$750,000.00 |
Status: Available |
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Description of the Country Home
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| Great Investment with royality cash income! A 356 ac. tract with cash income of approximately $12,000 / year from 3 oil/gas wells. The property will transfer to new buyer with fee simple title and all royality checks will transfer with property to new buyer. A coal in place tonage of approximately 2,871,610 tons with a recovery rate of 1,421,300 tons. Total coal reserves on todays market are worth $6,219,200.00. Very, very, rare opportunity to purchase this type of energy investment fee simple. |
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.
