Income Producing Timber, CRP And Hunting Farm In Northwest MO

Description

Well-rounded farm that combines multiple income sources, diverse habitats, abundant wildlife, and numerous recreational opportunities. Cash is king, and this property will generate $13,782 cash income in 2020 from 89 acres of CRP at $10,182 annually, plus $3,600 in annual pasture rent. If a new owner decided to lease the residence and the hunting rights, the property could produce $12,000+ in additional annual rental income. Wooded areas of the property have abundant walnut, oak, and other timber that is ready for harvest if a new owner chooses. Some hunters subscribe to the myth that a productive cattle farm can’t attract and support wildlife-a foolish notion this farm blows out of the water. Hunting here will prove excellent for turkeys, upland birds, small game, predators, and, especially, the big bucks that the area is known for. Situated near the front of the farm is a charming farmhouse accompanied by two outbuildings- an enclosed metal pole barn and wooden barn. The 1200+ sq ft, 2 bedroom, 1 bathroom home has been well cared for. Furthermore, both the residence and barn have been updated with stylish and practical metal roofs recently. Access is outstanding with good gravel road frontage along most of the west boundary. Moreover, access to Highway 136 proves a great convenience, with just a few minutes travel putting you in Bethany or Princeton. The property lies in the Harrison County RII (Bethany) School District. Please call today for more information and to schedule your private tour.

Property Details

  • Property offers numerous revenue sources from active CRP and pasture rent contracts
  • If a new owner decided to rent the hunting rights and the residence, annual income could potentially top $25,000 annually
  • 89 acres of CRP pays $10,182.00 annually - the CRP is pretty clean with an excellent stand of native warm season grasses
  • The pasture lease includes $3,600.00 annual cash rent, plus the tenant replaces ¼ mile of new fence each year
  • Pasture tenant would like to stay on, or a new owner may choose to terminate the lease with 90 days’ notice
  • Approximately 130 acres of woods including mature walnut, white oak, and other valuable timber; black Walnut trees are abundant along the creek, and white oaks dominate the north woodlot, making this farm prime for a timber harvest
  • Rich habitat is home to abundant wildlife including deer, turkeys, quail, and small game
  • Pasture is fenced and cross fenced with several miles of new fence
  • Multiple water sources include 4 ponds and a gorgeous rock-bottom creek
  • Residence has a newer roof; the home could use interior cosmetic updates, and has been well cared for
  • Outbuildings include a wooden barn and pole barn style machine shed
  • South Harrison County RII (Bethany) School District
  • Excellent access from Highway 136, plus good gravel roads along the west and south boundary
  • 1 hour 30 minutes to Kansas City, 1 hour 45 minutes to Des Moines
  • Less than 20 minutes to Bethany or Princeton

31205 E. 300th, Lot #WP001
Ridgeway, Missouri 64481