MO289

Very Good Investment Opportunity! This 289 m/l acre property located in Mercer County, MO near Princeton, MO has great access. It features approx. 243.25 m/l open acres and 45.75 m/l acres of timbered drawl. It has approx. 206.75 m/l acres tillable that has a cash rent offer of $165 per acre for 2018/2019 crop years for a total of $34,113.71. It also has approx. 36.5 m/l acres in CRP paying $97.91/acre or $3,573.71 yearly. This farm should fetch a standard $10 per acre hunting lease for another $2,890 yearly income. Total yearly income should $40,577.46 and make a possible 5% return at asking price. This is a very good investment property and is ideal for white tail deer hunting.