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Iowa Investment Property with Ag Land, CRP & Hunting

Iowa Investment Property with Income Producing Ag Land, CRP Land and Exceptional Recreational and Hunting Use. This Monroe County, Iowa 130 +/- acre combination farm is located near the borders of Lucas and Marion Counties offering a combination of productive ag land currently seeded to alfalfa/hay, native grass CRP with timbered fingers & draws bisecting the farm.

This property offers excellent investment potential with 40 +/- acres in CRP with an estimated annual payment of $8,330 on 2 contracts expiring in 2025 and 2034. Additional income comes from 43+/- open crop acres carrying a 52.8 CSR2, a majority being gently rolling alfalfa which could easily be converted to row crop production if desired. With the CRP and alfalfa acres, total estimated farm income could be in the $16,000-$17,500 range not including the potential for a hunting lease.

This property lays in an area that p...

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Source:First Street

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Source: MLS# 6310501
Listing last updated: September 13, 2023 at 11:09 AM
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