710th and 270th , Colo, IA 50056(Story County)

240 Acres in Colo, IA - $1,920,000

This is a good opportunity to purchase 240 acres in eastern Story County approx 5 miles SE of Colo, Ia. The farm has been in a 50/50 lease for over 50 years and being sold by an estate. The lease is open for 2012 and the owner will retain rights of the 2011 lease. The west 80 acres lays mostly level to gently rolling. The east 160 is a mix of terraced slopes and CRP on the west portion and creek bottom on the east portion. The farm is extensively tiled and terraced where needed.

Legal Description: S 1/2 of the SW 1/4 and the SE 1/4 of Section 27, T83N, R21W, Story Co Ia