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Excellent Hunting with Income

Income producing properties in big deer producing areas are always a hot item. This 152 acre property located just southeast of Yates Center, KS is no exception and has everything the investment minded recreational buyer is looking for. The property consists of 92 tillable acres which bring in a $65/acre cash rent totaling $6,000/year on a lease that will expire 11/15/21. In addition to the tillable income, there is a concrete floor 30’x50’ metal building with 10’x50’ lean-to with electricity and an additional 70’x72’ barn that the seller will rent back for 10 years at $250/month for storage. The 8 grain bins on the property are currently leased on a per bushel basis and generally average $1,100/year with a low year being $400 and a high year being $1,600. A rough average of annual income for the farm would be $10,000/year. The improvements are right in the middle of the farm creating a ...

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Directions

From Yates Center, head east on 54 for 1.6 miles. Turn South onto Osage road for 1.8 miles. Property is on the West side of the road.

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Contact Seller
Midwest Land Group

Manhattan, KS

(785) 831-3045