117 Acres in Albia, IA - $740,025
Prime Hunting and Recreational Tract
Exceptional Location for Outdoor Recreation: This 117 +/- acre property in Monroe County, Iowa, is ideally situated between Albia, Moravia, and Rathbun Lake, an area renowned for all-around outdoor activities. Whether you enjoy hunting trophy Iowa whitetails, upland game, fishing, boating, or camping, this property offers prime access to these popular pursuits.
Diverse Terrain and Habitat: The property features a pond, building sites, and a variety of landscapes, including beautiful rolling hills covered with warm-season native grasses, thick brush, cedar thickets, and mature hardwoods. These elements create a perfect setting for hunting, with numerous stand locations positioned to optimize predominate winds. The tract serves as the main transition between large agricultural fields and heavy timber, with only a few neighboring properties, each consisting of larger tracts of land.
Water...
Water and Food Sources for Wildlife: The pond and seasonal creek provide essential water sources for wildlife, while the existing food plot, along with several potential areas for additional plots, adds to the property's ability to attract and sustain game throughout the year.
Exceptional Income Potential: Properties like this, offering a rare blend of recreational benefits and solid income, are difficult to find. This farm includes 58.25 +/- open acres with a 48.4 CSR2, generating reliable annual income from two CRP contracts that pay $13,897 annually. Additionally, an older home on the property, with a long-term tenant, brings in $4,200 per year, for a total annual income of $18,097.
Unique Opportunity: Combining outdoor recreation, trophy hunting, and investment potential, this property is a standout offering within 5 miles of Rathbun Lake. Its an excellent opportunity for anyone looking for a top-tier recreational property with income to support it. Property is owned by the Listing Broker & Listing Agents are related to owner.
Key Features:
Prime Hunting Land: Diverse terrain with rolling hills, thick brush, cedar thickets, and mature hardwoods, offering excellent whitetail and upland game hunting.
Investment Opportunities: 58.25 acres earning $13,897 annually, two contracts expiring 2027 & 2032
Central Location: Located between Albia, Moravia & Rathbun Lake, offering convenience and accessibility and additional outdoor recreational opportunities
Water Sources: Pond and a seasonal creek
Heavy Timber & Open Fields: Established locations for food plots, beautiful stand of established warm season native grasses, additional acres available for food plots
Versatile Property: Ultimate hunting property, building potential for a remote getaway, recreational dream farm or sustainable investment option
Investment Opportunities: 58.25 +/- open acres in CRP with a 48.4 CSR2, generating $13,897 annually from CRP contracts.
Income-Producing Rental: Older home with a long-term tenant, generating $4,200 annually.
Water Sources: A pond and a seasonal creek provide essential water for wildlife.
Established Food Plots: One existing food plot with multiple potential locations for additional food plots.
Recreational Benefits: Ideal mix of hunting, fishing, boating, and camping, located within 5 miles of Rathbun Lake.
