193 Acres of Chariton Co. Palmer Creek Bottom and Gentle Terraced Hill Ground – 4.3% Return

Powell Ave, Keyetsville, MO 65261

Chariton County

Price: $975,000

$5050/Acre

MLF #05-193-02

You don't see Chariton County ground come for sale very often. A high percentage tillable farm is even more rare.

This 193 acres features 172 acres tillable is located in the heart of Chariton Co. Located between Keyetsville and Brunswick, MO.

51 Acres of Dockery Soil bottom Ground located along Palmer Creek.

The remaining 121 acres of gentle hill ground is mostly terraced. Worth noting is an estimated length around 13,600 feet of depreciate-able terraces. These estimated numbers are rough and would need confirmed but non the less would offer substantial depreciation value.

Remaining improvements consist of a grain bin and older house that could be fixed up for a great rental or hunting cabin both would increase your ROI.

We have received some cash rent offers coming in around $38,700 in yearly income. A hunting lease should fetch an easy $3000/Yearly.  This would bring the annual income generated on this farm to be around $41,700 and a 4.3% Return.

For more information call or text Jeff Quinn 1-660-734-3925

Taxes: 586.55
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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