109 Acres, 4.4% Tillable, Terraced, Hunting Farm with Hwy V Frontage
Hwy V
Linn County
Price: $360,000
Terraced Tillable
MLF #05-109-02
This 109.4 acre farm is located 7 miles northeast of Brookfield. The owner has completely tiled and terraced the entire farm. Contractor said building the terraces he could not believe the black dirt on this farm. He said in some places it was 2' deep. The owner is currently farming 67 acres in the front along the hwy. We have a new 2 year $175 acre cash rent lease in place for 2019 & 2020 bringing in a total of $11,725
The 14.4 acre field in the back has been enrolled into a CRP contract paying $187.26 or $2696.54 yearly. This CRP contract expires in 2032. The back 2 fields have not been farmed.
The farm also brings in a $1500 hunting lease/yearly. The creek bottom and drainage system makes for a perfect funnel for Whitetail Deer. The seclusion of the back fields will make some excellent honey hole food plots.
This makes the total yearly income $15,921.54 and a 4.4% Return. Priced at $3290/acre this farm shouldn't last long.
Call or text today for more information Jeff Quinn 1-660-734-3925
WE KNOW LAND.
We farm it. We hunt it.
And we raise our
families on it.
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