Newark, MO (Knox County)

80 Acres in Newark, MO - $216,000

This 80 acre tract consists of 75 acres tillable. Owner has entered into a 3 year contract with farmer for the 2010,2011, and 2012 farm years for $13,000 yearly paid upfront. That makes for a nice return on investment of 6%. Cash rent contract consists of Farming and Hunting rights conveyed to the farmer. If hunting rights or farming rights are wanted we would have to see if we could get out of contract. Farms had $20,000 of dozer work done and is still being cleaned up. I attached an ariel of before and then tried to white out what has been taken out. Driving directions would be from Hwy 36 go north on Hwy 15 at Shelbina 23 miles turn right on Hwy 156 approx. 3 miles. You should be at the corner of Co. Road 385 and Hwy 156. Property goes along 156 on the south for 1/4 mile and on the east side of 385 for 1/2 mile. Please call to schedule an appointment 1-660-734-3925