1049 acre Tillable farm Possible 5.3% Return! 1049 m/l acres located in Mercer and Grundy Counties. This property features multiple out buildings, machine sheds, one nice newer machine shed 1/2 concrete, 133,000 bushels of grain bin storage, and four houses. Property has approximately 842 open acres that is rented for the 2013 crop year at a rate of $250 per acre for a total of $210,500. One house is rented for $250 a month or $3000 yearly. Other incomes that could be rented for additional income.Farm would easily bring $10 per acre for a hunting lease or $10,490 and the houses are rented. Nicest house should bring $500 per month or $6,000 yearly. One house should bring $250 a month or $3000. Grain bins could rent for $.10/ buschel or $13,000, Big Machine shed would rent for $500 month or $6,000 yearly. This property would have a total income of $251,990 adn a 5.5% Return. Farmer paid f...
1049 acre Tillable farm Possible 5.3% Return! 1049 m/l acres located in Mercer and Grundy Counties. This property features multiple out buildings, machine sheds, one nice newer machine shed 1/2 concrete, 133,000 bushels of grain bin storage, and four houses. Property has approximately 842 open acres that is rented for the 2013 crop year at a rate of $250 per acre for a total of $210,500. One house is rented for $250 a month or $3000 yearly. Other incomes that could be rented for additional income.Farm would easily bring $10 per acre for a hunting lease or $10,490 and the houses are rented. Nicest house should bring $500 per month or $6,000 yearly. One house should bring $250 a month or $3000. Grain bins could rent for $.10/ buschel or $13,000, Big Machine shed would rent for $500 month or $6,000 yearly. This property would have a total income of $251,990 adn a 5.5% Return. Farmer paid for 842 acres in 2013 and was suppose to clean up some of the fields. He didn't get them all cleaned off. He got 703 acres planted this spring and 65 acres of wheat from last fall, however the wheat prevented him from getting to the back fields to clean them off. Farmer says there will be 842 tillable, he has cleaned off another 20 acres not planted and still has to clean off another 55 acres. The tillable has 255.8 acres of 0-2% slope (Zook, Wabash, Fatima, Humeston,Colo and Nodaway, 96.4 acres of 2-5% slopes (Grundy, Vigar, Logonda) and 294.1 acres of 5-9% slopes (Lamonia, Armstrong, and Adair the remaining is 9+ slopes. Call today Jeff Quinn 1-660-734-3925