1,034 Acres in Powersville, MO - $3,594,900
Finding a really good hunting farm that grows big whitetails is a great thing, but having one that not only has super good hunting, but provides an excellent return on investment is another, and this farm provides both! This property located about a mile and half south of the Iowa state line is one of the very best farms I have been on in terms of income and hunting. This property provides over $150,000 in return from a cash rental agreement on 609 acres of tillable land rented at $200 per acre and a $30,000 hunting lease. This is a 4.2 % rate of return. The hunting lease is not locked in at time of listing, but the tenants would certainly like to keep the lease in place, (talk to Jeff for details on this) the farm shows a 3.4% Return just on the crop land rental. Farm has a great farmer tenant who is a good steward of the land, and the soils and fertility is monitored to keep it at opti...
Finding a really good hunting farm that grows big whitetails is a great thing, but having one that not only has super good hunting, but provides an excellent return on investment is another, and this farm provides both! This property located about a mile and half south of the Iowa state line is one of the very best farms I have been on in terms of income and hunting. This property provides over $150,000 in return from a cash rental agreement on 609 acres of tillable land rented at $200 per acre and a $30,000 hunting lease. This is a 4.2 % rate of return. The hunting lease is not locked in at time of listing, but the tenants would certainly like to keep the lease in place, (talk to Jeff for details on this) the farm shows a 3.4% Return just on the crop land rental. Farm has a great farmer tenant who is a good steward of the land, and the soils and fertility is monitored to keep it at optimum levels for peak yields on production. The timber on the farm is in draws and blocks, the farm is literally loaded with deer and it has a proven track record of big bucks. On the south end of the farm there is 180 acres of WRP that has native grasses and weedy fields, excellent habitat for whitetails and the pools provide waterfowl hunting opportunities. Farmed is accessed from all directions, and has both blacktop and county gravel road access. Not only is the hunting and income great, but to top it off there is a nice hunting lodge on the South end that was finished about 2 years ago, it is completely furnished and ready to go for the new owners, (see pictures) This farm is excellent, and there is so much to talk about I cant fit it all into this write-up! Please give me a call I would love to discuss it in detail or set up a private showing!
Property Features:
- Super nice income producing farm with outstanding trophy whitetail hunting and lodge!
- Farm is located in Northwest Putnam County only a mile and a half from the Iowa Line, approx. 6 miles East of Powersville, Missouri.
- 609 acres of tillable with tillable cash rent contract of $200 per acre, contract is in place for 2015 and 2016, excellent farmer tenant. Income from tillable $121,800! Rent is paid ½ in March, ½ in December. This lease can be extended, talk to Jeff for details on this.
- Farmer tenant is excellent land steward, fertility is monitored and farm is fertilized and limed as per soil testing.
- Hunting lease for farm pays $30,000, Total income on the farm for crop rental and hunting lease is $151,800, this reflects a 4.2 % rate of return on the farm at list price. Hunting lease has not yet been locked in for 2015, tenants would love to keep the lease in place if new owner would choose to do so.
- Balance of farm in timber blocks and draws, weedy fields, creek bottom, and 180 acres WRP on the south end of the farm, great for waterfowl hunting and this habitat holds a lot of deer.
- Outstanding opportunity for harvesting trophy whitetail bucks with an excellent return on investment!
- Farm has a proven track record of growing big whitetails.
- Habitat is a super nice mix, timbered blocks and draws, weedy fields, creek bottom, ridges, ponds, and on the south end of the farm there is native warm season grasses along with the WRP program that provide outstanding holding habitat, I have seen more deer on this farm than any farm I have ever listed!
- Access is great; farm can be entered from all directions! Black top access from the East and South.
- Several nice big ponds on the property, most stocked with fish.
- Locust creek flows through the farm creating excellent travel corridor.
- Nice terrain changes on the property.
- Nice hunting lodge on the South end of the property, 3 bedrooms, kitchen and bath, laundry/mud room, loft area, fully furnished with everything you need! See pictures!
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