This is a great investment property with over 80% of the acres producing an income and it has really good hunting with great connectivity to surrounding large timber! Once the CRP acres are renewed or put into a crop rotation the income on this property will be as good as you see in today’s market. There is a gorgeous building site on the north end of property that overlooks big tillable bottoms and large ridges of timber. IF you have been looking for that investment piece for your portfolio that is going to produce good whitetails on a yearly basis….. you will want to check this one out! Call for more details or showing.
Property Features:
- Investment tract with great income and killer hunting
- Income generating acres consist of, 118 acres tillable, 146 acres CRP, 68 acres hay-pasture
- Property is located 10 minutes SE of Mt Ayr Iowa, and 1.25 hours from Des Moines Metro
- 118 acres tilla...
- 118 acres tillable rented at $16,800 yearly, 146 acres CRP pays $10,933 until 2017, 68 acres pasture rented at $3,200 yearly, making total annual income $30,933
- Renewal of CRP in 2017 would push total income (at todayâ??s rates) near $45,000 annually
- Multiple home building sites with utilities available, great views, & perfect ditches to build large ponds
- 2 nice ponds on property of which one is 5+ acres
- Timber on property is extremely nice white oak timber (see pics)
- Established Food Plots
- Great access from North, South, and East
- Deer and turkey sign throughout entire farm
- Very diverse terrain with Crop, Thick CRP, Great Bedding, and Mature Oak Timber
- Property is located in an area with very large neighboring landowners
- Multiple grain bins on property (see pics)
- Property would be very well suited for cattle and tillable operation
- See New Trail Pics
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