Highway 11, Lot#WP001 , Baring, MO 63531(Knox County)

Excellent investment opportunity on a beautiful farm! This 80% tillable tract is perfect for the investor that is focused on a solid ROI. The annual cash rent for the farming rights is $60,000, and the current owners are interested in leasing the hunting rights back for $2,500/yr. for a total of $62,500. That represents a 4.2% ROI at list price. Most of the tillable ground consists of 1-5% slopes. There are approximately 36 acres being used for pasture, which is included in the farming agreement. Some of this ground could potentially be converted to tillable in the future. The remainder is brushy draws, timber, 2 ponds, and a nearly 3-acre lake. Blacktop frontage on the north and west boundaries make for very easy access. There are nice building sites with electric and water available on the north end of the farm. Deer and turkeys both frequent this property, and despite the openness of the farm, the current owners noted that there were heavy deer numbers using this property in the late afternoons as they pop out of the heavy cover from adjoining farms. This is such a great farm to own in the northeast region of the state!! To schedule a showing, contact Aaron Bennett or Jeff Propst.

Property Features:

- Beautiful farm

- 80% tillable

- $60,000 annual cash rent, plus a $2500 hunting lease option

- 4.2% ROI at list price

- 2 ponds and a nice lake

- Majority of the tillable consists of 1-5% slopes

- Blacktop frontage on two sides –easy access

- Electric and county water available

- Great building sites

- Abundant whitetails and turkeys