80 Acres in Lucas, IA - $308,000
Offering 80 acres M/L In Lucas County Iowa. The property consist of rolling cropland, ponds and waterways. The entirety of the property is fenced with good fence, giving the new owner a chance for added income, grazing crop residue in the fall. 65 of the 80 acres acres are in crop production being rented at $165 an acre. Grossing the new owner $10,725 in cash rent income. A chance for extra income from grazing crop residue is a possibility at $1,950. Total income potential $12,675. Giving the new buyer a potential 4.1 ROI, at asking price. The CSR2 on the property is 37 on the tillable acres. A larger pond adds recreational use for fishing. For a property showing or more information call the listing agent today.
Directions
From Lucas Iowa go West on HWY 34, 3 miles. Take a left and head South on to 120th ave almost 1 mile. Take a right and go east on 480 Lane 1 mile. The farm will lay on the North side of 480 Lane. See property sign.
