Marketable Timber Along River And Building Site In South Central IA
This is an incredible investment opportunity on many levels. It’s a great recreational set up that brings a 4.5% ROI to the table at list price and it has a building site available that could be split off. Properties like this do not see the open market very often and when they do they don’t last long!
Property Features:
- Property is located across the road from Des Moines South Side city limit and 10 minutes from Norwalk
- Incredible investment property
- Build site on SE side of property with water and power available at the road
- 89 acres FSA tillable currently in CRP
- 79.9 acres CP23 @ $279.23 acre until 2025 and 6.44 acres CP21 @ $287.33 acre until 2026, total income is $24,160 annual
- Property has CSR2 avg of 68.1 on all FSA tillable acres
- North River runs through property
- Marketable timber along river (Walnut and Maple)
- Farm has Deer, Turkey, and Pheasants present
- Property i...
- Property is 1.5 miles East of SW 9th exit off Hwy 5
- 4.5% ROI at list price
- Farm could easily be converted to tillable once CRP expires
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More by Gabe Adair
