PROPERTY DESCRIPTION
Iowa Land Company is honored to bring to market a high-quality farm located 9 miles Northeast of Washington, Iowa. This 158 +/- acre farm is 89% income producing acres. The farm consists of 113.51 tillable acres and 27.45 CRP acres. The CRP acres are broken down into 5 different CRP contracts. The numbers for those CRP contracts are below. The farm is rented for the 2019 growing season. The tillable acres are cash rented for $220.00 per acre for a total cash rent income of $24,936. The CRP acres add an additional $5,952 in income annually. There is a legal right away that gives access from the west of Spruce Ave. There is also access from the south off gravel road 200th Street. This is a great opportunity to buy a well taken care of farm in a location where farmland doesnt come available often. For more information or for a private showing contact Land Agent Nick Ski...
Iowa Land Company is honored to bring to market a high-quality farm located 9 miles Northeast of Washington, Iowa. This 158 +/- acre farm is 89% income producing acres. The farm consists of 113.51 tillable acres and 27.45 CRP acres. The CRP acres are broken down into 5 different CRP contracts. The numbers for those CRP contracts are below. The farm is rented for the 2019 growing season. The tillable acres are cash rented for $220.00 per acre for a total cash rent income of $24,936. The CRP acres add an additional $5,952 in income annually. There is a legal right away that gives access from the west of Spruce Ave. There is also access from the south off gravel road 200th Street. This is a great opportunity to buy a well taken care of farm in a location where farmland doesnt come available often. For more information or for a private showing contact Land Agent Nick Skinner at 515-650-0974 or Cody Skinner at 515-443-6343 today.
96 cropland acres
CSR2 on cropland acres is 64.9
5 acres being farmed - $220.00 per acre $24,936 annually
45 acres enrolled into CRP ( 5 different contracts ) paying $5,952 annually
10 acres - $193.25 per acre expiring 09-30-2019
6 acres - $218.54 per acre expiring 09-30-2020
.8 acres - $267.60 per acre expiring 09-30-2023
10 acres - $215.56 per acre expiring 09-30-2023
95 acres - $217.58 per acre expiring 09-30-2024
Total farm income is $30,888 annually
Corn PLC Yield of 170
Soybean PLC Yield of 48
Farm is rented for 2019 growing season
Farm lease is a year by year agreement
From Washington, Iowa
Travel north on Riverside Rd 5.5 miles
Continue straight where Riverside Rd runs into 200th
Stay on 200th St (headed east) for 2.5 miles
The farm sits on the north side of the 200th St
There is a For Sale sign located at the property entrance