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Tillable Property With CRP Generation And Immediate ROI

PRICE REDUCED!! With every inch of this property generating income, this property is a great investment that can generate an immediate ROI! Nearly 100% of this property is tillable acreage with little to no slope and soil types rated for moderate to intense farming.  That makes this a great property for row crop production.  The current owner leases the property on shares, obtaining 1/3 of the crop income every year.  Though this number varies with fluctuation grain markets and the specific crop planted, the owners cut typically ranges between $10k and $15k!  That will be passed along to the Buyer, should the property be purchased prior to harvest. Additionally, this property is currently enrolled in CRP Water Way and Buffer Strips, which generates just over $5k annually.  That income will become that of the Buyer as well upon closing.  The CRP contracts are to expire in the 2025 calenda...

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Whitetail Properties Real Estate

Morganfield, KY

(270) 952-8624

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Whitetail Properties Real Estate, (270) 952-8624
Listing last updated: February 7, 2022 at 3:50 AM
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