LEWIS COUNTY MO 115: Brent Kent Johnson

This 115 acre (Brent Kent Johnson) is located in Lewis Co. MO, just north of Labelle off of County Road 326. There is currently 106 acres of the 115 acres in tillable production. The current farmer has offered to continue to work this property and will pay $215.00 per acre cash rent, and will agree to this price contractually for 3 years. This produces $22,790.00 of annual income, and a return on investment of 3.60% at asking price. Soil types are Kilwinning silt loam at 43%, with a 1% to 5% slope, and Armstrong loam at 20.6% with a 5% to 9% slope.

Solid return on investment

Northeast corner of the property could be a good deer hunting location

Property listed at $632,500.00 or $5500.00 per acre