The farm has an existing agriculture lease with a local tenant through February 28, 2023. The current cash rent income is $94,944.00 ($345 an acre X 275.2 tillable acres) on an annual basis, if you would like to see a copy of the lease contact Land Agent Nick Skinner. For the investor, this farm is a cash cow, at asking price it produces a 3.6% gross return which is well above average for farmland of this quality across all of Iowa. For the local operator, sit back and collect a big rent check for a couple years before dragging your own equipment through the dirt knowing this farm is being farmed the way it should. In 2012 and 2015, the owners executed the following improvements, Waterways & Terrace, Water Sediment and Control Basin, and Grade Stabilization Structure Programs. These improvements total $101,171, which were part of Cost Shared Assistance Programs. The owners currently have another waterway project waiting for approval, which will only add to the excellent drainage throughout the farm.

You dont have to know much about farmland to understand this farm is a producer! Come take a look at this immaculate farm on the Cedar / Johnson County line you WILL NOT be disappointed, call Land Agent Nick Skinner at 319-440-0974 or Land Broker Cody Skinner at 515-443-6343 today to set up a private showing

310.48 acres

296 +/- cropland acres

275.2 +/- tillable acres

28 30 +/- hay acres / waterways

Current agriculture lease through February 28, 2023

$94,944.00 ($345 an acre X 275.2 tillable acres)

3.6% gross return at asking price

77.9 CSR2 on tillable acres

$101,171 Total of Cost Shared Assistance for Waterway Improvements (2012, 2015)

2 grain bins included in the sale

Both bins are 12,000 bushel capacity and were built in 1978

PLC Yield

154 Corn

56 Soybeans

Located 2 miles north of West Branch, Iowa and 6 miles east of Iowa City, Iowa