Acres: 120

County: Sullivan

Price: $342,000 ($2,850/ac)

Description

This farm absolutely has it all from excellent tillable land, great hunting, and an older farm house that could be used as a cabin. Property has been used for hay ground in current years and will be converted to row crop in 2017. Tillable crop ground has a three year lease running through 2019. Cash rent lease is paying $170 per acre on 93 acres paying $15,810 annually of the farms 120 acres. Just imagine the wildlife after there’s soybeans put in place in 2017. What more could a person ask for in an investment/ recreational get away property. Farm has great access off highway T running across the north edge of the property. This area of Sullivan County is a proven producer for giant whitetail bucks and excellent turkey hunting. This farm speaks for itself after viewing it. Pond on the north side of the property near the highway, but an excellent spot in the center of the farm for a big pond to be put in as well. Farms like this don’t happen often with all of these great amenities to offer. If a person were to rent out the hunting rights they could easily bring in another $1,800 per year. Possible 5.1% return at full asking. House could also be rented out monthly if a person were to desire to. Property has many different options to let the farm pay for itself. Please call Andy Boyer for your own private showing 636-295-1476.*Property lines are thought to be accurate but are estimated.*

Property Details

-93 acres tillable farm ground

-Cash rent of $15,810.00 annually

-possible 5.1% return

-3 hours 50 minutes from St. Louis

-2 hours from Kansas City

-2 hours from Columbia

-excellent whitetail deer hunting

-many different income possibilities

 

Share Button