Beautiful Southern Iowa Income Producing Farm For Sale
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Jeff Propst
Jeff Propst
Whitetail Properties
Available

Beautiful Southern Iowa Income Producing Farm For Sale

Underwood Avenue and 295th Street, Farmington , Iowa 52626 - Van Buren County
$420,000 82 Acres
Property ID 6197691

Description

Super nice laying tillable farm that is right at 90% tillable, and extremely hard to find in this part of Iowa. This farm lays really nice and has great access from two county roads on the south and on the West. The farm is under a cash rent agreement through 2022 for $235/acre on 71.8 acres. Income is $16,873 paid in spring and fall payments of $8436 each. This reflects a 4% return on investment at asking price based on 82 acres M/L. The farm will be surveyed and survey results will determine final price. Mapping programs show it to be approximately 82 acres. Please call me for more details on this fine tillable farm.

Property Features:

- Super mice laying tillable tract that is almost 90% tillable
- Property is located about 2 miles southwest of Farmington
- Make-up of the property includes 71.8 acres of tillable currently in production
- Income data: the farm is currently under a cash rental agreement for $235/acre on 71.8 acres, $16,873 income that is paid in spring and fall, $8,436.50 spring and fall payments
- Cash rent agreement through 2022
- Farm land lays very well and has great access from county road frontage
- Farm has good access with county road frontage on the west and south sides of the farm
- Super nice home construction sites, nice and level for home, shop, grain bins

Directions

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Tax Data (Show Tax Data)

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Jeff Propst
Jeff Propst
Whitetail Properties

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