Description
Great investment opportunity with a 3.5% Return at asking price! Land is in Second year of Five year farming lease at $235/acre (45 acres workable)($10,575/year). Land also has yearly renewed hunting lease at $1,200/year. Great farm ground with a great return rate! Taxes are approx. $2/acre. All leases on property can be assigned, it's the perfect time to add this property to your investment portfolio!
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0BEDS
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56ACRES
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0BATHS
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01/2 BATHS
Description
Great investment opportunity with a 3.5% Return at asking price! Land is in Second year of Five year farming lease at $235/acre (45 acres workable)($10,575/year). Land also has yearly renewed hunting lease at $1,200/year. Great farm ground with a great return rate! Taxes are approx. $2/acre. All leases on property can be assigned, it's the perfect time to add this property to your investment portfolio!
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