High Return On Investment Farm with Good Hunting Opportunity
This farm west of Bloomfield, Iowa, is primarily tillable with two secluded hunting sites. Its located on the north side of Highway 2, mile east of the Davis/Appanoose County line. There are approximately 66 tillable acres, with terraces and tiling to improve drainage and maximize the crop yield. The farm tenant has indicated a cash rent rate of $275/acre for the next three years if the new owner desires, which is a net 3.4% return on investmenta very high ROI for tillable land in today’s market!There are two field entrances on the south side for large equipment, and the prime location along Highway 2 allows convenient access to the main travel route for grain. Secluded food plots with access trails improve the hunting in the northern corners of the farm, out of view from any roads. Several large bucks consistently visited these plots in daylight last fall. Pinch points along with the f...
This farm west of Bloomfield, Iowa, is primarily tillable with two secluded hunting sites. Its located on the north side of Highway 2, mile east of the Davis/Appanoose County line. There are approximately 66 tillable acres, with terraces and tiling to improve drainage and maximize the crop yield. The farm tenant has indicated a cash rent rate of $275/acre for the next three years if the new owner desires, which is a net 3.4% return on investmenta very high ROI for tillable land in today’s market!There are two field entrances on the south side for large equipment, and the prime location along Highway 2 allows convenient access to the main travel route for grain. Secluded food plots with access trails improve the hunting in the northern corners of the farm, out of view from any roads. Several large bucks consistently visited these plots in daylight last fall. Pinch points along with the food plots will make for predictable hunting in a region that we know has trophy whitetails. This farm should be very attractive for the investment-minded buyer, who may also enjoy hunting big southern Iowa whitetails. Call the listing agent to discuss this excellent investment opportunity.
Property Features:
- 80 acres m/l located on state Highway 2 between Bloomfield and Centerville
- 66.51 of effective tillable acres with an average CSR2 value of 43.9
- Planted into soybeans this year, on a corn/soybean rotation
- Next year’s cash rent can be $275/acre or $18,425/year
- Tenant would consider a three-year lease at this rate
- 3.4% net return on investment after paying the property taxes
- Terraces and drain tile on the tillable acres to improve drainage and crop yield
- 13 acres of thick timber and brush in the NW and NE corners
- 3 secluded food plots along the timbered draws in great ambush locations
- Mature buck history in the green fall food plots
- Tenant is flexible with selling standing crops for late season hunting
- Excellent whitetail genetics in the area, call for details
- Potential hunting lease would generate additional income if desired
- Property taxes in 2021 were approximately $1,604
- 4 miles to Moulton, IA
- 8 miles to Bloomfield, IA
- 12 miles to Unionville, IA
- 13 miles to Centerville, IA
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