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Excellent Investment Opportunity In Northeast Missouri

Excellent investment opportunity on a beautiful farm! This 80% tillable tract is perfect for the investor that is focused on a solid ROI. The annual cash rent for the farming rights is $60,000, and the current owners are interested in leasing the hunting rights back for $2,500/yr. for a total of $62,500. That represents a 4.2% ROI at list price. Most of the tillable ground consists of 1-5% slopes. There are approximately 36 acres being used for pasture, which is included in the farming agreement. Some of this ground could potentially be converted to tillable in the future. The remainder is brushy draws, timber, 2 ponds, and a nearly 3-acre lake. Blacktop frontage on the north and west boundaries make for very easy access. There are nice building sites with electric and water available on the north end of the farm. Deer and turkeys both frequent this property, and despite the openness of ...

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Whitetail Properties Real Estate

Eldon, MO

(636) 887-1022