2174 County Road 270 , Cash, AR 72421(Craighead County)

The tillable acres this farm provides are just the beginning of the income potential this farm has to offer. Consisting of 89.77 cropland acres per FSA and comprised mostly of Foley silt loam and fountain silt loam soils, this farm has the make up for a top yielding rice farm. The current rent structure is a 75/25 crop share with no input cost to the farmer and the current tenant has stated that he would be more than happy to continue farming for the new owners. With a high rice base, government payments on the farm total around $8,000 per year with the owner getting 25% of those funds as well. The western border of the tillable acreage has a half-mile long air strip that is being leased out by one of the local agriculture pilots for $3,000 per year. He has also stated that he would like to continue the relationship with the new owner and continue renting the strip for years to come. In addition to the crop income and the airstrip, there are two duck pits in the field that are currently being leased out for an additional $2,500 per year.

Sitting atop the hill, overlooking the farm is a quaint 1,394 square foot, 3 bedroom, 1 bath home. With updated stainless steel appliances, a wood-burning fireplace, and a mud room, this home would be ideal for your own personal duck camp. You can have a drink on the back porch and watch the ducks and geese fill up the fields in the bottoms below. The 2,000 square foot shop would be perfect for storing decoys, ATVs, boats, and whatever other equipment you need to keep safe and out of the weather throughout the year. At the back of the property is a 12,000 bushel grain bin that the current owner uses for the storage of her crop. She is not currently renting it out, but that could be another avenue for potential income. The sale will also include the 6' auger that is used to load in and out of the grain bin.

This farm is a great option for the investor or operator looking for a quality tillable tract with multiple revenue streams. The Cache River bottoms are rich in history for migratory bird hunting and draw numerous hunters from all over the country every year. There is no question that this farm could continue to bring a strong rate for a hunting lease income year after year. There is a very strong ROI for a tract this size with four different avenues of income. A farm in this area of this quality with long term sustainable return is a prime asset for the investor looking for annual cash flow and appreciation year after year.

Give Zach Luster with Midwest Land Group a call for more information and to schedule a private showing.

Property Features

-112 +/- acres

-89.77 cropland acres

-Rent structure for 2020 is a 75/25 crop share

-Currently planted in rice

-12.5 +/- acres of timber

-8’ electric well

-County road frontage

-Airstrip on west side provides $3,000 per year in income

-2 duck pits currently being leased for $2,500 per year

-Less than 1 mile east of Cache River

-1,394 sq. ft., 3 bedroom house with mud room

-2,000 sq. ft. enclosed shop

-12,000 bushel grain bin

-17 miles from Jonesboro