358 Acres in Milan, MO - $1,260,000

358 Sullivan Co Mo.

THIS GREAT NEW LISTING IS HIGHLY TILLABLE!!!!! This 358m/l acres is located west of Milan Mo. off W highway. It has the best of both worlds, 240 acres of tillable ground that is all terraced and tiled. the tillable ground is rented for the next two years at $150 per tillable acre totaling $36,000 a year. Can also be leased for hunting around $15.00 per acre totaling $5370. Bring a total income to around $41,370 a year bringing that to close to a 3.3% return rate at asking price. Leases are locked in if you like to keep them for 2020 and 2021 years. This farm has also been well managed for the last 5 years they have let the deer grow. it also comes with two tower blinds in place. Also has 2 good pounds. This farm also has contracts in place for future windmills that wound considerable up the income and value of the farm.