PRICE REDUCED!! Here is a really nice, secluded income-producing and hunting farm that offers not only great hunting that this county is known for but also an excellent income stream to the new owners. There are 160 tillable acres currently being cash rented for $130 per acre, rent pays in full on March 1st. A hunting lease is available on this farm for the investor wanting to maximize return for an additional $3510 of income. When combined, the cash rent and hunting lease produce a 3.8 % return at list price. This property is located at the end of a dead-end road with water and electricity available, and a nice building site. If you are looking for a combo farm for recreation, hunting, and fishing and a nice return on your investment, give this one a look.
Property Features:
- Nice combo income producing and hunting farm
- Farm is located about 7-8 miles east of Milan
- Property consists of...
- Property consists of 160 acres tillable with the balance in timber and 2 ponds
- Farm is located at the end of a dead-end road, no roads around the farm
- Tillable income data-farm is rented for $130 per tillable acre with rent paid in full on March 1st
- Hunting lease could add an additional $3510 income to the property
- Farm has a nice block of timber to the north and a series of draws that offer great whitetail and turkey hunting
- 2 nice stocked ponds
- Nice building site for home, or cabin or a place to park a camper for hunting season, there is water and electricity available
- Good fencing on most of the property, (need some fence work) if the new owner would prefer to seed the farm down it would make a great cattle farm also
- Total ROI with cash rent and hunting lease is 3.8% at list
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