- 260 +/- deeded acres
- Very well maintained and highly productive farm
- Perfect investment farm
- 225 acres tillable
- $50,625 tillable income – $225 an acre cash rent
- $3,975 a year hunting lease if desired
- $54,600 annual income
- 3.9% return on investment at full asking price
- Long term tenant would sign 5 year contract extension at $225/acre
- 3 miles south of Chillicothe, Missouri
Trophy Properties & Auction is proud to offer this amazing 260 +/- acre highly productive farming and investment property for sale located just south of Chillicothe, Missouri. The property is located just off US 65 Highway, and as soon as you set eyes on this highly tillable Grand River bottom dirt, you will understand its rarity.
There are currently 225 acres in crop production that offers a cash lease of $50,625/year on crops alone. It currently has an annual payment of $225/acre of cash rent with 5 years remaining on the contract.
The property has been very well maintained over the years and remains highly productive and will remain so for many years to come. With its proximity just south of Roach Lake, a small duck/goose hunting lease would add an additional return on investment, if desired.
Whether you are looking to expand your current operation or diversify your portfolio, this is a place to behold. The ROI coupled with the location makes this a prime asset for the investor looking for annual cash flow and appreciation year over year. This kind of investment property does not come around often.
For more information or to schedule a showing contact Sam Voss (913) 526-9369