Investment Property With Excellent Recreational Potential

Description

Outdoor loving investors alert!!! Do not let the aerial fool you. This property is absolutely loaded with cover, and that’s the second-best thing about it. This is an incredible investment opportunity with recreational benefits. On my last visit, I witnessed close to a hundred pheasants bouncing around the intensely thick cover. It was an obvious magnet, as I watched them fly onto this property from every direction and the surrounding ag fields. I also witnessed a surprising number of whitetails, both coming and going in small groups. After taking a closer look, there was evidence that the deer had spent lots of time here even though it wasn’t your traditional habitat. If I’ve learned anything about whitetails and especially mature whitetails, it is that they love living in places that we don’t expect them to be. A few minor improvements, mostly related to food, could really enhance it as a high-level whitetail property. If upland bird hunting is your passion, there is a wide variety of habitats found here that will support high bird populations from early spring to late winter. What better combination can you have from an investment standpoint than a good returning investment that will likely appreciate greatly over time, that you can take your friends and family to and create lifelong quality outdoor memories with.

Property Details

  • Approximately $1444 in annual taxes
  • After-tax ROI of over 3%
  • $25,956 in annual CRP income in 3 separate contracts 34.8 acres generating $5992 annually through2030, 88.57 acres generating $17127 annually through 2034 and 17.9 acres generating $2837 annually through 2022
  • Excellent area for high wild pheasant populations
  • A real sleeper as a deer hunting property, many will over-look this but shouldn’t
  • Easement access from County Road 105
  • Approximately 2 miles West of Northwood and 5 miles East of Interstate 35
  • Very accessible by 4x4, UTV, or foot travel
  • A drainage ditch borders the property on the South boundary and provides a consistent water source
  • Wide variety of habitats that wildlife can use all year long including whitetails

County Road 105
Northwood, Iowa 50459
Two hunters shaking hands outside

Estimate Your Monthly Payments

Powered by a premium lender.

Rural 1st logo
Calculate Loan

Powered by a premium lender.

Rural 1st logo
Equal Housing Lender logo