Sold
240± Acres
Sold
Linn County, Missouri

240 acres Linn County, Missouri

ID: 43484
Status: Sold
Acres: 240
Type: Farms
City, State: New Boston, Missouri
County: Linn
Zip Code: 63557
Presented By: Land Specialist

Description

172 acres tillable. Owner is currently farming & is offering $225/acre cash rent to Buyer (3 year lease). 40 acres of patchy woods with $2000/year hunting lease. There is a $13,000 logging bid in place. Blacktop frontage on two sides ( 1/2 mile on one side, 3/4 mile on the other). Hamilton Creek & two nice-sized ponds on site (each approx. 1/2 acre). 50X70 barn needs some updates. Electric, county water & telephone on site. $40,700 gross yearly income. Site is currently showing a 6% +/- Return on Investment.

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