660 Acres Grass Farm with 4.85% return!! Possible Tillable
Hwy U, Hatfield, MO 64458
Here is a nice 660 acre grass farm located in Northern Harrison County, 1 mile south of the Iowa Border. It has great access from Hwy U and county road. There is a great 5 acre building spot along the north end of this property. This farm is currently all seeded to grass and has had a long term tenant on it. The current tenant has paid $80,000 rent on the first of April every year since 2015. Currently the tenant does have 2019 rented for the same $80,000 payment. Prior to this the 167 acres to the west was farmed. Approximately 152.5 acres where being farmed at that time. The current tenant planted that to grass fixed what fencing needed fixed and installed a corral system. That 160 acres is still eligible to be broken back out of sod and farmed. The owner would entertain the idea of splitting the farm able 160 acres off for a price of $3500/acre. The owner would also sell off 1 side of the highway or the other if the property is to large.The remaining 500 acres can not. Its enrolled into a Nature Conservancy Program. It must remain in pasture as it should. The 500 acres has ponds for water along with 2 concrete frost free water's. This is a great chance to get a hold of a large tract of cattle pasture that doesn't come available very often. If your just looking for an investment this farm is an unheard of 4.85% return on a pasture farm. At $2500/acre it shouldn't last long. If your interested in a little more tillable the owner also has a smaller tillable tract very close to this farm that could be added for sale. Call today Jeff Quinn 1-660-734-3925.
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