Investment Property With Great ROI And Rec Opportunities
Media
Summary
Property
- Type
- Recreational Land, Timberland, Hunting Land
- Road Frontage
- County Road
- Road Surface
- Gravel
- Fencing
- Low
Land Details
- Timber
- Tillable
- Pond
Approximate Distances
| 4.6 Mi | to Grand River |
| 19 Mi | to Murray |
| 20 Mi | to Osceola |
| 21 Mi | to Lamoni |
| 72 Mi | to Des Moines |
Utilities
| Electric: | Nearby |
| Internet: | Nearby |
| Water: | Nearby |
Features/Improvements
- Small Game
- Big Game
- Upland Game
- Waterfowl
- Gated Entrance
Description
The ROI for this property speaks for itself, you do not see many properties on the market these days with an ROI of 3.4% at asking price! The 155 tillable acres are rented out on a yearly basis at $170/acre which is an annual return of $26,350.00. The seller was also quoted $188.36/acre at 150.05 acres for CRP which is an annual return of $28,348.18 AND the seller would be willing to enroll this for any future buyer. (Call for more details). Do not overlook the hunting on this property as well, there is great connecting cover in the immediate area. Lots of deer and wild turkeys work this property. If you are not a hunter, there is always the possibility to lease out the hunting rights for more income production! If you are looking to diverse your investment portfolio, this is the perfect investment property with an outstanding ROI and lots of opportunities!
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
