Acres: 152

County: Sullivan

Price: $350,000 ($2,303/ac)

This 152 m/l acre property is located south of Green City Missouri is a great investment opportunity! It’s got approximately 100 m/l acres of tillable ground at $125.00 per acre gives you $12,500.00 per year, could gain more tillable acres with some clean up. With a hunting lease of $1300.00 this would bring you in a yearly income of $13,800.00 as is! This property would have nearly a 4% return rate at asking price. Land owner is working with new farmer on tillable rents going to $150 an acre for 2018 year that would up your return closer to a 5% return at asking. Farm also with a little work has 5 to 10 acres more that could be tilled. There’s a nice barn on the property that could be used for a cabin or storing equipment. Water and electricity are on property. Please call Andy Boyer for your own personal showing 636-295-1476.*Property lines are thought to be accurate but are estimated.*

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