146+/- Acres Grand River Bottom, 4% ROI, Class II Soils

Hwy 137 St., Pattonsburg, MO 64670

Description:

Acres:
146+/- Total Acres
120+/- Cropped
40.7+/- Taxed Acres

Taxes Estimate: $450.00

Here’s a very nice, highly tillable, bottom farm that offers an investor a 4% return at the asking price. This farm consists of 146+/- total acres, of which, 120+/- are in row crop production. The farm is Grand River area bottom, and offers nearly all class II soils. The farm comes with an optional row crop lease paying $31,200 annually on 120 acres (length of lease is negotiable). The owner/operator has farmed this farm since the mid-1990’s and would like to continue farming it for many years. However, a new owner would also have the option to farming it himself, or rent to a different tenant, beginning in 2019. If you’re an out of state investor and are wondering what cash rents are for the area, we have strong comparables from a recent (March 2018) cash rent auction where similar farms fetched similar per production acre prices.

For more information, contact Dennis Prussman, 816.262.6178 – email: dennis.prussman@gmail.com

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www.LandByDennis.com | dennis.prussman@gmail.com

Property Address

Address :Hwy 137 St.
City:Pattonsburg
County:Daviess
Zip:64670
Country:United States

Property Details

Property Id : 24088-12239
Property Type : Farms for Sale
Price:
Property Size: 146
Bedrooms
Year Built :
Property Building Size:
Bathrooms :

Property Features

Highly Tillable River Bottom
4% ROI at the asking price
Class II soils
Area Cash Rent Comps
Grand River Bottom
Long Term Lease Option Availab
Turn-key ROI for an Investor

Property Map

Information

Dennis Prussman

Realtor, Salesperson, Professional Auctioneer


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Copyright © 2019 Property Solutions LLC ~ Saint Joseph Missouri Real Estate
Each office independently owned and operated. The Information provided herein is deemed accurate, but subject to errors, omissions, price changes, prior sale or withdrawal. United Country does not guarantee or is anyway responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. Please verify all facts.