Acres: 275

County: Sullivan

Price: $1,125,000 ($4,091/ac)

4.1% Return, 275 Acres, Bottom Ground & Upland Tillable/Hunting

Here’s 275 acres that has it all!!!! Farm has an excellent 215.93 FSA tillable acres. Tillable acres are a nice mix of bottom and upland. Bottom land sets on the very desirable West Locust Creek. Currently cash rented for 5 years through 2025 for $185 per tillable acre or $39,947.05 annually. 100% of the rent is paid April 1st of each year. Hunting rights are also leased for $6,500 per year through 2025. Total annual income is $46,447.05. With the tillable crop lease and hunting lease the farm is just over a 4.1% return at list price. Located on blacktop State Highway PP. Deer blinds do not convey with the sale of the property. This area is also very well known for producing giant whitetail bucks and long beard turkeys. Listing agent has ownership in this property. Please contact Andy Boyer for your own private showing 636-295-1476. *Property lines are thought to be accurate but are estimated. *

Share Button