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

Contact
Jeffrey Quinn, Broker
Cell: 660-734-3925
Office: 660-258-3185

WE KNOW LAND.

We farm it. We hunt it.

And we raise our
families on it.

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