152 Acres in Green City, MO - $350,000

152 Sullivan County

This 152 m/l acre property is located south of Green City Missouri is a great investment opportunity! Its got approximately 100 m/l acres of tillable ground at $125.00 per acre gives you $12,500.00 per year, could gain more tillable acres with some clean up. With a hunting lease of $1300.00 this would bring you in a yearly income of $13,800.00 as is! This property would have nearly a 4% return rate at asking price. Land owner is working withnew farmer on tillable rents going to $150 an acre for 2018 year that would up your return closer to a 5% return at asking. Farm also with a little work has 5 to 10 acres more that could be tilled. Theres a nice barn on the property that could be used for a cabin or storing equipment. Water and electricity are on property.Please call Andy Boyer for your own personal showing 636-295-1476.*Property lines are thought to be accurate but are estimated.*