Multi-Use Farm In Eastern Kansas

Description

Offered for sale is an excellent multi-use farm that provides the owner recreational opportunities and an ROI of over 3% at the current asking price. The tillable acreage is approximately 80 acres and currently planted to soybeans. It is rented at $95/acre providing the owner an excellent return and a food source for hunting over. Another source of income is the pasture portion of the property, which is being rented at a rate of $3,300 annually. The grass is in excellent shape and still provides bedding and cover for wildlife. For added value, recreation on the property includes great deer and turkey hunting with dove and possible upland game hunting as well. Water is prevalent throughout with multiple ponds that provide good fishing and a creek that meanders through the timber. If you are in the market for an excellent investment property with recreational opportunities, this property is one to take a look at. To set up a private showing, please give us a call.

Property Details

  • 5 miles east of Waverly
  • 40 miles east of Emporia, 23 miles northwest of Garnett, 75 miles southwest of Kansas City
  • Approx. 82 acres of Class II and III tillable
  • Tillable is currently planning in to soybeans
  • Multi-use property with farming, recreation and grazing opportunities
  • Tillable fields are fenced out from pasture/timber with fencing in good shape
  • Multiple ponds on the property provide year-round water and fishing opportunities
  • Income provided through tillable and pasture rent
  • Tillable currently rented at $95/acre
  • Pasture currently rented for $3,300 per year
  • Believed to be 100% minerals will transfer to the buyer
  • 2018 Taxes were $1,652.98

Xeric Road, Lot #WP001
Waverly, Kansas 66871