If you're looking for a well-maintained farm with a great return you should give this farm located in Clarke county a look. Located NE of Murray IA sits this 95 +/- acres farm. The farm consists of 79.7 FSA cropland acres. 22 of the 79.7 acres has recently came out of a 10 year CRP program. The remaining 57.7 acres is currently in Alfalfa and has been seeded in alfalfa for 5 years now. The farm has next to none erosion problems and has been well taken care of. The farm does have an open tenancy for 2017 growing season giving the next operator the option to farm themselves. For the investor, this farm will maximize the return on your investment giving them the option to cash rent the farm on a corn-bean rotation for an estimated $200 per acre cash rent bid giving the farm a $15,940 income or a 4.36 ROI at asking price! Property Details Estimated cash rent $200 per acre or $15,940 on entire farm. 22+/- acres could be re enrolled for $185 or $4070 annually Located 3 miles NE of Murray, IA 60.5 CSR2 on tillable 57.7 +/- acres Good deer hunting location look at this years trail camera pictures! Estimated 4.36% return at asking price! CSR 2: 60.5 Topography: Slightly Rolling
Northeast of Murry, IA
- Total Acres
- Land Type
©2016 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warranty or guarantee any information. It is possible that information has been omitted or reported in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.