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Vacant Land - Erie, KS

Truly great investment opportunities don't come along very often anymore. This is something we have noticed in the land game the last several years and it rarely gets proven wrong. Well, here is your white whale! Lets take a look at this new to the market 22 acres in Neosho County, Kansas. Lets begin with what makes this small acreage so unique, the cell tower. This year the tower will make approximately $8400/year, which is made in monthly payments. Not only does this sound great, but it gets better. Every 5 years, this will go up a whopping 15%. Yes, you read that right, 15%! On top of the tower, it also has about 15 acres currently in fescue that could possibly turned into tillable. Even at full asking price, your ROI will be around 4%. But lets not forget, in 4 more years, that will increase to 4.5%! There is also an old homesite on the property and multiple out buildings. Some...

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L2 Realty, Inc

Independence, KS

(620) 577-4487

Brian Helman

L2 Realty, Inc
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Is this your property? Sell it faster with premium placement and targeted ads.