160 Acres in Lorimor, IA - $624,000

160 Acres m/l, Union Co

The farm is located in one of the best areas of Union County. This area has taken many large Iowa bucks and this farm has them on it!!!

Farm is just south of Lorimor a couple of miles. Farm is located of a mile off Hwy. 169. Farm consists of 101 acres m/l of cropland, a 2 acre m/l lake and a farm pond, timber and a creek at the edge of the timber. The timber connects with large acres of timber from the south and west.

The farm has $30,300 of farm income and $295 of income CRP income around the lake for a total of $30,595.00 of annual income. The crop lease runs through 2016. If you are only looking for a return on your investment you can receive $3000 from a hunting lease on the farm to make the total income of $33,595.00 for a gross return of 5.38%.

There is an old barn and other little buildings by the home site. The home site has some nice old large oak trees and some larg...