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236 Purdin Linn County

Globe Rd, Purdin, Missouri 64674 - Linn County
$799,999 236 Acres
Property ID 2328886


REDUCED PRICE!!236 acres, 223 Tillable, 5.3% Return. This 236 acre farm features 223 tillable FSA gentle acres. It has mile of road frontage for easy access for farming. It has a 2.66 acre lake. 71 acres 1-5% Slopes Black Oar, Leonard, Lagonda, and Armstrong loam soils, 84 acres 5-9% slopes Armstrong loam soil, and 68 acres 9-14% slopes. 223 acres at a possible $200 cash rent makes a total farm income of $44,600. Add in a hunting lease most of which are at least $10/acre. If we figure $2360 we have a total income of $46,960 yearly income. A selling price of $885,000 ($3750/acre) makes it a 5.5% return. Call Today 1-660-734-3925 Jeff Quinn

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