292.3 Acres of Prime Missouri River Bottom Farm Ground, 4% Return!!
There's a reason Missouri River bottoms are some of the most coveted crop production acres in the country. Fertile and favorably laying soils have produced some exceptional corn, wheat, and soybeans. This 292.3 acre farm in St. Charles County is a great example of this sort of sought after acreage. With additional recreational value and excellent location.
This 292.3 acre farm features 278 tillable acres of which 90% are class 2 soils. The tillable acres are cash rented for $250/acre or $69,500 annually for 2020 and 2021. Cash rent checks are written upfront each year. The farmer has a good history of crops on the farm and has taken great care and uses the best practices. A hunting lease is in place for an additional $3500 per year. To take the total income to $73,000 in yearly income and a 4% Return.
For more information call, text or email Jeff Quinn 1-660-734-3925Taxes: $2125
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