143+/- Acres Bottom & Second Bottom, 4.2% ROI, Gentry County, MO

Status: Available:

Price Reduced: $830,700 – $785,970

Location: 450 St, McFall, MO – Gentry County

Plat Map | Aerial FSA (two pages) | Aerial Surety | Soil Map

143+/- Acres Bottom & Second Bottom, 4% ROI, 90% Tillable, Gentry County, MO

Acres:
138.13+/- Total FSA Acres
127.8+/- FSA Crop Acres
143+/- Taxed Acres

Taxes: $702.71

Features:
Long History Same Owner/Operator
Highly Tillable Bottom & Second Bottom
4.2% ROI at the asking price
Strong Soils
Area Cash Rent Comps
Grand River Area Bottom
Long Term Lease Option
Turn-key ROI for an Investor

You’ll find this awesome farm in Gentry County, only a quarter mile west of the Daviess County line, 6-miles south of McFall, and 5-miles west of Old Pattonsburg, MO. This farm offers 143 taxed acres of bottom and second bottom, of which, 127.8 are FSA crop acres. The same owner/operator has owned it for approximately 10-years and farmed it for 15. Strong soils, and a history of professional management, make it a consistent producer. If you’re an investor looking for something long-term, this is a turn-key, 4.1% opportunity. The farm comes with an optional row crop lease paying $33,228 annually on 127.8 acres (length of lease is negotiable). If given the opportunity, the owner/operator would like to continue farming it for many years. However, a new owner would also have the option to farming it himself, or rent to a different tenant, beginning in 2019. If you’re an out of state investor and are wondering what cash rents are for the area, we have strong comparables from a recent (March 2018) cash rent auction where similar farms fetched similar per production acre prices.

Full details available at: www.LandByDennis.com.

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Request more information about this property:

Realtor: Dennis Prussman,
Phone:
(816) 262-6178,
Email:
dennis.prussman@gmail.com

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