1192 acres 99.4% Bottom land @ $6208 per acre asking price, 3.8% Return!!
Hwy D, Ludlow, MO & Hwy V, Emma, MO
Livingston / Saline
$6208 per acre
Here is a package for a serious investor looking to for some nice bottom ground, return, and depreciation value.
40,000 BU storage!!
6 miles of Levy to depreciate!!
Black top locations with close proximity to major highways.
2 Main Tracts of land:
Emma Tract is 617 acres with 514 Tillable @ $275 per acre or $141,350. (2021-2023)
Ludlow Tract is 575 acres with 490 Tillable @ $250 per acre or $122,500 (2021-2023)
Together the farm offers a 84.2% Tillable Ration with 99.4% of that being Bottom ground.
Farms can be open to farm and with today's grain prices one might expect rents to reach a little more.
Grain Bin Storage is rented out at $.15/BU or $6000 annually.
Hunting lease should bring an easy $10 per acre or approximately $12,000 annually.
This would bring the total annual income to $281,850 with the current rent structure or a 3.8% Return. If desired you could put your own farmer in place to increase that amount.
Call, text or email - Jeff Quinn today for more information 1-660-734-3925
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