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Size: 137.5 Acres

newly reduced137LC

Newly reduced!!! This highly tillable bottom ground is located right next to the Grand River and is showing 80 m/l out of 137 m/l acres of well laying bottom ground currently cash rented at $150.00 per tillable acre makes a yearly tillable income of $12,000. This property also has an estimated $65,000.00 of mature timber that could be harvested as well could bring your purchase price down to $435,000. If this timber is sold cash rents would put you more toward a 3.4% return rate at $435,000 price. This farm also could include a hunting lease for $20.00 per acre which is common for this area. Thus giving this farm a total yearly income of $14,740.00 per year to help pay for your hunting also has good access to the Grand River for amazing recreational hunting and fishing. Seller is motivated.

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Boyer Land Company

Memphis, MO

(816) 654-2144

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Boyer Land Company, (816) 654-2144
Listing last updated: February 5, 2022 at 4:36 PM
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