Price has been, reduced considerably, seller is motivated. If you are looking for a good investment property with excellent hunting and fishing, this is the property for you! This 234 m/l acre property is located South East of Milan, MO. This farm is a very highly productive investment with a 160 tillable acres rented for the next the 3 years, at $150.00 per acre a year that would total income of $24,000.00 per year for 2019, 2020, and 2021. And an additional $15.00 per acre hunting lease. That gives this farm a yearly income of $27,510.00 with a 4.3% return rate at asking price. This property has 2 newer stocked ponds ideal for fishing as well as a nice balance of timber and open ground gives you options for great hunting! Call Andy Boyer for your own private showing 636-295-1476. Property lines are thought to be accurate but are estimated.
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