Excellent Tillable Farm Offering 4.2% Return

ABOUT THIS PROPERTY:

  • PROPERTY SHOWING OVER A 4.2% RETURN
  • LOCATED IN THE SPRING CREEK BOTTOMS
  • GREAT ACCESS
  • ALMOST 100% TILLABLE
  • 3 YEAR CASH RENT AGREEMENT PAYING $9,750 PER YEAR
It is not easy to find a farm that has a great return. It is even more difficult to find a farm that has a great return and a 3 year contract to back it up! This excellent tillable property is under a 3 year contract (starting in 2013) bringing in $9,750.00 per year! That is over a 4.2% return on investment yearly! The property is located in the Spring Creek bottoms in Southern Pike County. The farm is made up of almost 100% high quality tillable acres. The farm has great access from a blacktop road. The soil type averages on this farm are 173.9 bushels per acre on corn and 55.7 bushels per acre on beans! This property offers great income potential for the investor looking to own high quality tillable acres. *Broker Owned

Details

Property ID : 
86911
Price : 
Call for Price
Total Acres: 
33.60
County: 
Pike
Property Type: 
Agricultural
Status: 
Sold
Timber Acres: 
1.30
Tillable Acres: 
32.30
Tillable Income: 
0
CRP Income: 
0
Hunting Lease Income: 
0

Listed by: 

217-491-0181
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