Location, Location, Location
Very seldom can you find a Chariton Co. Farm for sale let alone an almost all class II bottom ground farm. Even rarer to find one 2 1/2 miles from Swan Lake and in line for ducks headed to the Dalton Cut Off. This farm is exactly that. 165 acres of bottom ground with a 11 acre water structure and 2 duck blinds located in the Golden Triangle. On corn years this farm should shine.
Tillable ground consist of Class II Tina Silt Loam, and Zook Silty Clay Loam Soils
Current cash rent is in place for the next 3 years 2021-2023. Current tenant is paying $295/acre x 125.32 acres or $36,969.40 annually.
4.2 Acres are currently in CRP paying $168.08 per acre or an additional $706 annually until Sept 30, 2031.
If your not a hunter don't worry. This location lends well to the investor as well. The hunting rights are currently leased also for $10,000 annually from the...
If your not a hunter don't worry. This location lends well to the investor as well. The hunting rights are currently leased also for $10,000 annually from the same farmer.
Total income would be $47,675 in annual income or a 3.8% Return at full asking price.
Call, Text or Email Jeff Quinn for more information 1-660-734-3925
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