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

Hwy 137 St., Pattonsburg, Missouri, 64670

Photos

* FOR SALE

$780,000

MLS: 24088-12239

146 Acres

What You Should Know

  • 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

Why You'll Love It

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

Documents (3)

Where You'll Find It

  • Street Address: Hwy 137 St.
  • City: Pattonsburg
  • State: Missouri
  • County: Daviess

Dennis Prussman

Realtor, Salesperson, Professional Auctioneer
See Website