Investor’s Dream Property With High Income Producing CRP And Recreational Value
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Summary
Property
- Type
- Recreational Land, Timberland, Hunting Land
- Road Frontage
- County Road
- Road Surface
- Gravel
- Fencing
- Low
Land Details
- Enrolled in Government Program
- Pond
Approximate Distances
| 1.9 miles | to Athelstan |
| 15 miles | to Bedford |
| 100 miles | to Des Moines |
| 114 | to Omaha, NE |
| 40 miles | to Creston |
Utilities
| Electric: | Onsite |
| Water: | Onsite |
Features/Improvements
- Big Game
- Upland Game
- Predators
- Waterfowl
- Fish
- Seller's Mineral Rights Convey
Description
With 232.22-acres enrolled in CRP at an annual rate of $233.70/acre or $54,270/year through September 30, 2036 this farm offers a great guaranteed return for 15 years! An ROI like this in today’s market is hard to come by. It is enrolled in the CP38E program which contains big bluestem, indian grass, cavin rock switch, and ten different forbes. The CRP acres were just drilled this past fall, and when it reaches its full potential, it will add tons of wildlife habitat for whitetail deer and upland birds. The soils on this property carry an average CSR2 of 51.1. There is also a 6-acre field located in the Southeast corner of the property that could be put into production to add more income to the property. Also on the west side of the property is an older building site that has 2 sheds and a bin.
The farm offers great hunting and fishing opportunities. While out taking photos, I saw tons of deer and deer sign. You have to step foot on this property to truly appreciate the hunting opportunities and as mentioned before, once the CRP reaches its full potential the hunting will be even better providing tons of habitat! There is also the opportunity to plant food plots. The hunting history proves itself on this farm, with lots of great bucks being harvested on and around this property! As seen in the photos, there have been great deer harvested on and around this particular property. There are timbered draws that provide lots of habitat for deer and turkeys. There is also a beautiful 10-acre pond that provides a year-round water source and has great fishing opportunities or even a great spot for a camping getaway! The 10-acre pond is stocked with crappie, bluegills and largemouth bass. There are also 3 smaller ponds on the property. This property is a great combo farm with tons of rec opportunity as well as high income production!
If you are more interested in the investment side of things, the hunting and fishing rights have been leased out in the past which allowed for more income production on the property. There is the option to keep leasing it out annually for $5,500. This brings the total income on the farm to $59,770. If interested in leasing the hunting rights and having the guaranteed CRP income, that takes your return on investment to 3% at asking price!
If you are in search of a great investment property with great recreational value as well look no further, this one has it all for you. Call today to set up a private showing!
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.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the seller, broker, and Whitetail Properties Real Estate, LLC.
