Amazing Hunting Opportunity with Tillable Bottoms

Property Description

Bottom ground tillable tracts are in high demand. This 60 acres is 92% tillable and features highly productive Class II Vesser Silt Loam soil. There is a solid levy system on the north and west sides of this farm to protect it from occasional heavy seasonal rains. The farm is conveniently located just a few miles north of Brookfield, Missouri. The current owner has farmed this ground for two generations and would be willing to rent back the farming rights for $150 per acre ($8,250/yr) if a buyer desires. There are no structures on the property, however, there are several suitable building sites and the convenience of electricity & rural water at the road on the east side. The farm also presents an outstanding recreational opportunity. The property borders a timbered wetlands tract to the north. The deer sign coming out of the neighboring properties on the north and west is nothing short of spectacular. The seller states that it is common to see 30+ deer in the fields after harvest. There is a year-to-year hunting lease in place that generates $10 per acre ($600/yr). Combined with the cash rent income, this farm generates $8,850/yr in revenue which offers a 4.3% rate of return on list price. Whether you are looking to expand your existing farming operation, seeking investment grade income generating properties, or searching for an amazing hunting opportunity with income to help make the payments, this 60 acres is worthy of consideration.