Cheap Farm-Possible 5%-5.5% RETURN. This 160 acre tract contains 120 tillable. Currently the farm is leases at $175 and runs out this year. Farm should lease out from $180 to $200/ an acre. This property also currently has a hunting lease of $10 per acre based on 160 acres for another $1600 addition in income. Future income should range between $23,200 and $25,600 and a 5-5.5% return. Its hard to find farm ground priced under $3000 let alone at $2931 per acre. Call today for a showing or more info 1-660-734-3925, Jeff Quinn.
Driving Directions:
Starting at the intersection of Hwy A and Hwy W go east 2 miles to cardinal road. Then go north on Cardinal Road 1 mile to a starting point of the southwest corner of the property. The 160 acre property will be on the east side of the road and continue north for the next mile.
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