255 Acres in Lovilia, IA - $1,402,500
Iowa Investment Property with Ag Land, CRP, Recreation, & Hunting
Iowa Investment Property with Income Producing Ag Land, CRP Land and Exceptional Recreational and Hunting Use. This Monroe County, Iowa 255 +/- acre combination farm is located near the borders of Lucas and Marion Counties offering a combination of productive ag land currently seeded to alfalfa/hay, native grass CRP with timbered fingers & draws bisecting the farm.
Approximately 70% of this farm is income producing with 89 +/- acres in CRP with an annual payment of $13,810 on 3 contracts expiring in 2025, 2031 and 2034. The additional income comes from 91+/- open crop acres carrying a 47 CSR2, a majority being alfalfa with grass hay and modest pasture acres.
This property lays in an area that produces true world-class hunting opportunities and is set up with solid access to multiple natural funnels across the farm. Timbered draws break up the farm perfectly and offer several smaller...
This property lays in an area that produces true world-class hunting opportunities and is set up with solid access to multiple natural funnels across the farm. Timbered draws break up the farm perfectly and offer several smaller fields along with larger fields, all of which create major travel corridors and offer edge habitat for hunting multiple winds all season long. There are multiple locations to convert to food plots, which would put this farm over the top. With a large section of Stephens State Forest to the south, the private and secluded location of this farm, in the middle of a large section of contiguous acres makes for a stout population of whitetail, turkey, and small game. Iowa combination farms that offer both a solid return from sustainable income and true long-term trophy hunting potential are hard to find and this one offers all that and much more.
