146+/- Acres, Grand River Bottom, 4% ROI, Class II Soils, Daviess County, MO


Status: Available:

146+/- Acres Grand River Bottom, 4% ROI, Class II Soils, Daviess County, MO

Price: $780,000

Location: HWY 137 St. Pattonsburg, MO 64670

County: Daviess

Documents: Plat MapAerial FSA | Soil Map

Acres:
146+/- Total Acres
120+/- Actual Cropped Acres

Taxes Estimate: $450.00

Features:
Highly Tillable River Bottom
4% ROI at the asking price
Class II soils
Area Cash Rent Comps
Grand River Bottom
Long Term Lease Option Available
Turn-key ROI for an Investor

Here’s a very nice, highly tillable, bottom farm that offers an investor a 4% return at the asking price. This farm consists of 146+/- total acres, of which, 120+/- are in row crop production. The farm is Grand River area bottom, and offers nearly all class II soils. The farm comes with an optional row crop lease paying $31,200 annually on 120 acres (length of lease is negotiable). The owner/operator has farmed this farm since the mid-1990’s and 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.

Stay informed…
and be the first to know when new land listings are available
Signup for FREE LAND ALERTS

Request more information about this property:

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

Like Facebook:  http://www.facebook.com/LandAndAuctions