140 Acres in Memphis, MO - $483,000
Here is a beautiful tract of land that is in excellent condition that not only offers good income but great deer and turkey hunting! This property is has a very nice mixture of timber and tillable land, the tillable lays very well and the timber has nice big white oaks and other hardwoods along with brush that provides good cover. Food plots are in place and the farm sets up great for both archery and firearm hunting. There is a two stocked ponds on the property, and nice hunters cabin/garage unit that make a great place to stay and store your hunting gear, ATV’s tractors etc. Farms in this area don’t come to market often, call for more information or to schedule a showing!
Property Features:
- Super nice tillable and timber tract located in Northwest Scotland County
- Property is approximately 10 miles NW of Memphis
- Farm is made up of 87 acres of good laying tillable land and the balance ...
- Farm is made up of 87 acres of good laying tillable land and the balance is in timber
- Tillable land is cash rented for $150 per acre, land is in Alfalfa and corn for 2016 season
- Tillable rent $13,050, hunting lease pays $2950, total income on farm $16,000 annually which reflects a 3.3% return on investment
- Farm has hunting lease for 2016 for $3000
- Timber on the farm is a nice mix of big mature white oaks and other hardwoods and brush
- Has been approximately 15-20 acres of TSI performed on the timber
- Excellent hunting and income producing farm, this area is known for big whitetails and great turkey hunting
- Nice tracts of timber join this property providing extra bedding cover for deer and other wildlife feeding on this farm
- 2 nice ponds, both stocked with fish, one is new
- Farm has great access off of good county roads, only about ½ mile off black top highway CC
- Nice cabin/garage combo unit on the property makes a great place to stay and for storage of equipment
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