200 Acres in Addison, MI - $700,000
Just about 4 miles south of Devils Lake sits this beautiful piece of land. Right across the road to the west is Posey Lake.
The property itself consists of rolling hills with lots of cuts and draws making up nearly 75 acres of woods and cover all mixed and spread throughout the property. There is about 90 acres enrolled in the CREP program that is paying $181.00 per year to the owner and will transfer to the new buyer. A payout of over $16,000 each year and a total payout to the new owner of nearly $200,000 over the next twelve years. There are 4 ponds that have been put in by NRCS and bedding grasses, tillable acreage. THEN......if that's not enough, you will have your very own Private Lake to enjoy. Approx. 24' deep is 10 acre Little Posey Lake and it will be all yours!
This one is a one of a kind. Huge parcel, beautiful to the eye, great hunting and your own lake.....AND it pays you...
This one is a one of a kind. Huge parcel, beautiful to the eye, great hunting and your own lake.....AND it pays you over $16,000 per year to own it!!!..You cannot compare this to ANYTHING else available in all of southern Michigan because there simply isn't anything comparable.
List Date 04/02/2010
Status Active Size 200 Acres (m/l)
Terrain Rolling hills Wooded Yes - 75 acres (m/l)
Water on property Private Lake Ponds Yes - four
Bedding grasses Yes - 90 acres CREP Income $16,290 per year thru 2022
Property payback $195,480 over 12 years Township Rollin
Section 34 County Lenawee
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