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 #05-362-02 - Best Row Crop Farm for Sale & 5% Return $4,300,000
This farm consists of 1362 acres and covers 3 miles of the Grand River. The Carroll Co. FSA office shows 1000 acres tillable with balance timber roads, and drainage. Farm has a cash rent check for 2010 for $215,000 which makes this farm a 5% return on asking price. We have talked to addittional farmers who are willing to farm for 2011/2012/2013 for $225,000 which would make 5.2% on asking price. Good Farms don't come around very often and this is the best I've seen.
Its also located 1/2 mile for The River Terminal.
718.9 acre Corn Base, 16.8 acre Grain Sorghum Base, 243.7 Soybean Base. Farm also consists of a DCP Payment of $19,628. Farm consists of 1- 26' x 40' Machine Shed and 2- 10,000 bushel Grain Bins. Call today 1-660-734-3925 Jeff Quinn Presented by Missouri Land and Farm |
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