Farms like this one and of this size are hard to find right now, and this farm will be a good income producer from the tillable and CRP. It also has good wildlife habitat and lots of deer! This property is located about 8 miles southwest of Milan off of Highway 6. The current owner custom farmed the property this year but is open for 2018 for cash rent or crop share. Nice terrain changes from upland to creek bottom create awesome habitat for whitetails and turkeys and other wildlife. Farms of this size that provide income and good hunting are in high demand and are very hard to find. Call me today for more information or to set up a viewing.
Property Features:
- Excellent combination income producing and hunting farm
- Property located near Reger off of Highway 6, approximately 8 miles southwest of Milan, 3.5 hours northwest of St. Louis Metro area, 2.5 hours northeast of KC area
- Farm cons...
- Farm consists of the following: 24.2 acres CRP paying $2360 annually through 2022; current tillable approximately 50 acres being custom farmed, planted to soybeans in 2017
- FSA records indicate 105 open acres on the property including the current CRP contract acreage with an additional 15 to 16 acres of bottom tillable that has been cleaned up very nice and will be put into production for 2018
- This farm could easily be cash rented for approximately $140 per acre (possibly more) on a minimum of 65-70 acres and if you add the CRP to this, the farm will show a very nice cash flow
- Potential hunting lease for $15 per acre could add $2400 income to the farm for investors who are not hunting
- Habitat on the farm is ideal for deer and other wildlife, good terrain changes, gently rolling ridges, and the northern 80 has a nice bottom with a creek flowing through it, lots of edge
- No roads around the farm with only limited amount of frontage on the south end where the farm is accessed
- Good thick deer holding brush and a mix of hardwood trees provide good cover
- Endless locations for food plots scattered around the farm
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