241+/- Acres, Creek Bottom & Second Bottom, Daviess County, MO, at Pattonsburg

Status: Available:

Price: $1,137,500

Location: Daviess County MO at Pattonsburg

4% ROI, Strong Producing, Highly Tillable Bottom & Second Bottom, Long Term Lease Option

Acres:
241.58+/- Total FSA Acres
218.9+/- FSA Crop Acres
175+/- Acres in Row Crop Production

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  • Highly Tillable
  • 4% ROI at the asking price
  • Mostly class II soils
  • Strong Producer
  • Area Cash Rent Comps
  • Mostly Bottom & Second Bottom
  • Long Term Owners
  • Professionally Managed
  • Long Term Lease Option
  • Turn-key ROI for an Investor

241+/- total acres (reference FSA documents), 218+/- FSA cropland acres, and 175+/- acres currently in row crop production and 30 are hayed. The farm is mostly creek bottom and second bottom, with mostly class II soils. The farm has been owned by the same owner/operator family for years and has been professionally managed to be a top producer (50% waxy corn production). It you’re an investor looking for something long-term, this is a turn-key opportunity. The farm comes with an optional multi-year row crop lease paying $45,500 annually on 175 acres, offering a 4% return on investment at the asking price. Additional income could be available from an optional hunting lease. If given the opportunity, the owner operator would like to continue well beyond the 5-year lease. However, a new owner could also have the option to farming it himself, or rent to a different tenant, beginning in 2019.

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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