This THOMPSON RIVER BOTTOM FARM consists of 716 acres m/l with 585 open. Mostly class 2 soil. It is comprised primarily of highly sought after farmable bottom ground. There are 506 acres in the bottom cash rented for $260/acre or $131,560 yearly. This cash rent contract was made last year with low prices and again this year with low prices. So it says a little about this farm and where it could go if prices were to go back up. This farm also has 3 CRP contracts on 69.5 acres of hill ground and 10.14 of bottom ground buffers. The 69.5 acres of CP1 and CP12 are paying $126.82/acre or $8813.99 per year expiring in 2023. There are 6.4 acres of CP22 in the bottom paying $102.48 or $655.87 yearly expiring 2016. There is also 2.74 acres of CP33 in the bottom paying $118.66 or $325.13 yearly expiring 2022. These could be bought out and turned into farm ground if desired to gain more income. T...
This THOMPSON RIVER BOTTOM FARM consists of 716 acres m/l with 585 open. Mostly class 2 soil. It is comprised primarily of highly sought after farmable bottom ground. There are 506 acres in the bottom cash rented for $260/acre or $131,560 yearly. This cash rent contract was made last year with low prices and again this year with low prices. So it says a little about this farm and where it could go if prices were to go back up. This farm also has 3 CRP contracts on 69.5 acres of hill ground and 10.14 of bottom ground buffers. The 69.5 acres of CP1 and CP12 are paying $126.82/acre or $8813.99 per year expiring in 2023. There are 6.4 acres of CP22 in the bottom paying $102.48 or $655.87 yearly expiring 2016. There is also 2.74 acres of CP33 in the bottom paying $118.66 or $325.13 yearly expiring 2022. These could be bought out and turned into farm ground if desired to gain more income. This farm could bring up to the normal $10 per acre for a hunting lease; however $4000 should be doable. This brings the annual income up to $145,355. This property is for sale for $3,900,000 or $5446/acre
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