PRICE REDUCED!! Here’s a beautiful income producing farm that has so much to offer. Located in the rolling hills just north of the Salt River, this beautiful jewel is ideal for the investor looking for a solid income-generating farm that can also be used for recreation. There are 256 acres being cash rented at $170/ac, 7.5 acres of CRP paying $190.21/ac thru 2026, 31.06 acres of CRP paying $189.29/ac thru 2026, Modular home rent paying $500/month, and an annual hunting lease that pays $6000/year. The southern portion of the farm is in a pasture with fluctuating income from the cattle. There are several ponds on the property, and there are a couple of good lake sites as well. There is a really nice flat bottom creek that meanders through the heart of the farm and makes for an obvious travel corridor for whitetails during the rut. The tillable portion provides tons of food to pull deer and...
PRICE REDUCED!! Here’s a beautiful income producing farm that has so much to offer. Located in the rolling hills just north of the Salt River, this beautiful jewel is ideal for the investor looking for a solid income-generating farm that can also be used for recreation. There are 256 acres being cash rented at $170/ac, 7.5 acres of CRP paying $190.21/ac thru 2026, 31.06 acres of CRP paying $189.29/ac thru 2026, Modular home rent paying $500/month, and an annual hunting lease that pays $6000/year. The southern portion of the farm is in a pasture with fluctuating income from the cattle. There are several ponds on the property, and there are a couple of good lake sites as well. There is a really nice flat bottom creek that meanders through the heart of the farm and makes for an obvious travel corridor for whitetails during the rut. The tillable portion provides tons of food to pull deer and turkeys out of the extensive timber and CRP on the large neighboring tracts. There is a 3 bed/2 bath modular home with a basement that is currently being rented but would make for a great home site. There are numerous building sites that would be perfect for a home or lodge with pretty views. Electric and county water is available. Great location—only 20 mins from Hannibal, and 90 minutes north of STL. Just minutes from Mark Twain Lake, and the Salt River! Owner will divide. For additional details or to schedule a private showing, call me today!
Property Features:
- Gorgeous farm with lots of possibilities
- Crop, CRP, modular home rent, and hunting lease annual income --$62,826.00
- County water and electric on site
- 2 grain bins, barn
- Lots of gravel road frontage and great access
- 20 mins from Hannibal, 90 mins from St. Louis
- Numerous ponds, and a pretty creek for water sources
- Great hunting-ideal travel corridor, lots of deer and turkey sign
- Beautiful lodge/home building sites
- Pasture on the southern portion of the farm
- Owner will divide
- Close to Mark Twain Lake and the Salt River
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