960 Acre 4% Return- Tillable/CRP/Hunting Farm

Hwy JJ / 120th SE Avenue, Galt, MO 64641

Grundy/ Sullivan Counties

Price: $3,400,000

$3541/Acre

MLF #05-960-02

960 acres for sale in Grundy and Sullivan Counties.
Farm lays favorable to farming. Great road access to any field with 2.25 miles of road access.
740 of Tillable ground most of which is terraced.
53.19 acres of class II Soils 2-5% Slope mainly Armstrong and Colo Loam
114.69 acres class III Soils 0-5% Slope mainly Tice, Pershing Silt Loam
394.71 acres class III Soils 5-9% Slope mainly Armstrong Silt Loam, & Clay Loam
177.4 Class 4 Soils mainly comprised of the 130 acres of CRP
Owner has worked out a cash rent agreement with his long standing tenant or you choose the farm can be open to farm for 2020.
610 tillable acres currently cash rented for $175/acre or $106,750 for 2020, 2021, & 2022
91.59 acres in CRP paying $10,445 yearly and expiring 9-30-2025
39.05 acres in CRP paying $4,705 yearly and expiring 9-30-2026
CRP can be bought out.
The combination of thick timbered drawls all bordered by CRP buffer strips and row crops is sure to make this place a wildlife heaven.
Owner had previously entered into a long term Hunting lease paying $14,550 yearly til 9/15/2025. Paid September 14 each year.
Total income. $136,400 and 4% return on asking price of $3,400,000
Call or Text Jeff Quinn for information or an appointment today 1-660-734-3925
Taxes: $1963.81
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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