Farming Investment Opportunity In Northern MN
Located on the northern outskirts of the city of Roseau sits this prime future farmland that currently has one year left in a CRP contract. The CRP is set to expire the fall of 2019 and is paying $5039 annually until that expiration date. Once the contract is up, this property could possibly be re-enrolled, put back into production, pastured, used as a possible building site for a future home or hobby farm or left as is for the spectacular hunting that it offers. The soils are very fertile, and with a CPI rating of 84.7, the crops are certain to be bountiful. There is easy access for your equipment from both of the paved county roads on the east and south sides of the property. There are well-established drainage ditches running through the property north to south as well as along the west property line. The northwest corner offers some awesome habitat for turkeys, whitetail, and the occ...
Located on the northern outskirts of the city of Roseau sits this prime future farmland that currently has one year left in a CRP contract. The CRP is set to expire the fall of 2019 and is paying $5039 annually until that expiration date. Once the contract is up, this property could possibly be re-enrolled, put back into production, pastured, used as a possible building site for a future home or hobby farm or left as is for the spectacular hunting that it offers. The soils are very fertile, and with a CPI rating of 84.7, the crops are certain to be bountiful. There is easy access for your equipment from both of the paved county roads on the east and south sides of the property. There are well-established drainage ditches running through the property north to south as well as along the west property line. The northwest corner offers some awesome habitat for turkeys, whitetail, and the occasional bruin. You are close to town but far enough away to have the peace and quiet you are looking for in an income producing recreational tract. This property would also make a great investment, as you could easily rent the property out to the area farmers and collect cash rent on the acreage. This property is a prime area for farming and development and will not be around long. Give me a call for a showing.
Property Features:
- 122.9 acres in CRP paying $5039 annually till 2019
- Excellent future farmland
- CPI of 84.7
- Easy access off of paved roads
- Investment opportunity with rent back of tillable acres
- Possible building sites
- Prime location less than 2 miles from city of Roseau
- Whitetail, turkeys, black bear and upland game hunting opportunities
- 10 miles from Canadian border
- Under a half hour drive to Lake of the Woods and fantastic fishing
- 17.8 acres under contract
Map
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