Very high potential for investment!!!! It's time to step up and take an opportunity with windmills having a high potential of going in. Here is a nice 240-acre farm located in Sullivan County, Missouri. It has highway frontage along with Pearl Road on the south. The southern portion of this land lays well. There are two nice stocked ponds. This farm has 200 m/l acres tillable that is share cropped with a local farmer. In 2019 the beans made right at 55 bushels to the acre. If you were to sell you 1/3 of the bean crop for $9.50 that would equal out to $175 per acre or $35,000.00. There is a hunting leases running at $15.00 per acre would add another $3,600.00 income. There are possibly two proposed windmills bringing in $20,000.00 a year so the total possible income would be $58,600.00 and a 4.9% return at asking price. Or a 3.2% return without windmills going in at full asking price. Pl...
Very high potential for investment!!!! It's time to step up and take an opportunity with windmills having a high potential of going in. Here is a nice 240-acre farm located in Sullivan County, Missouri. It has highway frontage along with Pearl Road on the south. The southern portion of this land lays well. There are two nice stocked ponds. This farm has 200 m/l acres tillable that is share cropped with a local farmer. In 2019 the beans made right at 55 bushels to the acre. If you were to sell you 1/3 of the bean crop for $9.50 that would equal out to $175 per acre or $35,000.00. There is a hunting leases running at $15.00 per acre would add another $3,600.00 income. There are possibly two proposed windmills bringing in $20,000.00 a year so the total possible income would be $58,600.00 and a 4.9% return at asking price. Or a 3.2% return without windmills going in at full asking price. Please contact land agent Andy Boyer for your own private showing 636-295-1476. *Property lines are thought to be accurate but are estimated.*
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