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220 Acres in Mount Pleasant, IA - $1,353,000

Proven Skunk River Hunting Farm With Attractive Income

This income-producing hunting farm along the Skunk River near Mount Pleasant generates an attractive return across a diverse landscape where deer, turkey, quail, ducks, geese, and pheasants thrive. It’s a wildlife paradise, but it makes over $30,000/year! The next owner will enjoy an excellent return on a property with even more income upside soon.Two contracts that began in 2010 provide $26,038 annually through 160 acres in CRP. Newly re-enrolled CRP contracts seem to be paying a bit more per acre, so there are strong odds of increasing the income when it's time to renew next year. For example, a recent contract in Henry County was renewed for $263/acre, compared to the old contract that paid $156/acre.* The grain bin is rented for $2,500/yr, and there is also a hunting lease this year for $4,000. Call the listing agent for details.A creek runs through the property, which is a fundament...

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