Status: Sold:
Price: $203,825
Location: HWY AA, Pattonsburg, MO – Daviess County
Plat Map | Aerial FSA | Aerial Surety | Soil Map
40+/- Acres Creek Bottom, 4% ROI, Strong Producer, Class II Soils, Daviess County, MO
Acres:
40.47+/- Total FSA Acres
31.36+/- FSA Crop Acres
40.7+/- Taxed Acres
Taxes: $127.24
Features:
Highly Tillable Bottom
Long History of Family Ownership
4% ROI at the asking price
All Class II soils
Strong Producer
Area Cash Rent Comps
Grand River Area Bottom
Long Term Lease Option
Turn-key ROI for an Investor
These opportunities don’t happen often. This farm has been owned by the same family since late 1800’s or early 1900’s. 40+/- total acres, 31.36 FSA Crop Acres. The farm is Grand River area bottom, with all class II soils. If you’re an investor looking for something long-term, this is a turn-key, 4% opportunity. The farm comes with an optional row crop lease paying $8,153 annually on 31.36 acres (length of lease is negotiable). If given the opportunity, the owner/operator 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.
Full details available at: http://www.LandByDennis.com.
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Request more information about this property:
Realtor: Dennis Prussman,
Phone: (816) 262-6178,
Email: dennis.prussman@gmail.com
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