61 acres of Daviess Co. Terraced Tillable ground, 98.5% Tillable!! 4.2% Return!!
Harbor Rd, Jamesport, MO 64648
This 61 acres offers a great investment for someone wanting to own their own piece of ground or just looking for a smaller investment property.
The 61 acres lays great with 1/2 mile of road frontage along Harbor Ave. Just .9 of a mile west of Hwy 190 and 3 miles north of Jamesport.
The 61 acres features 60.1 Tillable acres which consist of gentle hill ground and is mostly terraced. I have received 2 cash rent offers at $175 per acre. One includes a 5 year lease at those numbers and liming the farm on year one. This would net the owner $10,517 annually.
With most of the farm terraced there could be a decent amount of depreciation the new owner could capitalize on.
While most of the farm is open there is still spots for 2 people to hunt making a great father son spot. It should bring in $1000 annually for a hunting lease to add to the investment.
This would make a annual income amount of $11,517 and a 4.2% Return.
Call, Text or Email Jeff Quinn today 1-660-734-3925
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