100 Acres in Thayer, IA - $345,000
Excellent investment opportunity in Union County, Iowa - Unicorn Ave, Thayer, IA 50254
Owner Salesperson
Theres not much for sale in Union County and heres your chance to own a nice income farm with an overall CSR2 rating of 45. When you consider the land value increases along with the annual income generated from cropland its easy to see why land is such a great investment.
This 100 acre farm is approximately 80% income producing acres and will have an approx. 6%-9 % return on investment from custom farming & CRP. FARM SHOULD MAKE OR EXCEED ITS OWN PAYMENT WITH NO MONEY DOWN! To give up that kind of excellent return the seller would like to keep the hunting rights with the remainder of the farm to the south as well as have an easement to access the land that lies south of this 100 acres. See aerial map for location of easement.
Approximately 80 income producing acres with 72 acr...
Approximately 80 income producing acres with 72 acres tillable with an average CSR2 rating of 44.2! Approximately 8 acres in CRP through September 2021. A good portion of this farm qualifies for cost share terracing that would further increase the land value and crop production. The application for terracing has been submitted and is pending approval.
Approx. 72 acres tillable being custom farmed. Approx. income in 2014 from 72 acres of soybeans at $13.00/bu. $21000-$31,000. Seller would also cash rent the tillable acres for $250/acre instead of custom farming if desired. Average yields for Union County are: soybeans 45 bu/ac and corn is 137 bu/ac. Farm lease open for 2014.
For more information, qualified buyers should contact Owen Reigler at 515.468.8233.
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