240SC

PRICE REDUCED!! MOTIVATED SELLER!! This is a very high potential income property!! This is a nice 240 acre farm located in Sullivan County, Missouri. It has highway frontage along with Pearl Road on the south. The southern portion of this land lays well. There are two nice stocked ponds. This farm is 50/50 crop share which crops have been producing well enough to bring in close to $170/acre or $34,000.00. There is a hunting leases running at $15.00 per acre would add another $3,600.00 income. There is possibly two proposed windmills bringing in $20,000.00 a year so the total possible income would be $57,600.00 and a 5.8% return at asking price.