Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
0
3.5% ROI possible with this farm! Farmer has received offers of $250 per acre in cash rent on the 151 tillable. That's would result in an ROI of just over 3.5%, Interest rates are at an all-time low, and NOW is the time to invest in land. 172 acres with 151 being tillable. The property has great PI's, good overall layout, and even though it is bottom ground, it is planted and harvested every year. Contact agent for historical yield data, finance options, possible split of the land, and other flexible seller options. Farm is currently being farmed on shares and is averaging a 3% ROI, but with cash rent offers, the number could be pushed as high as 3.5%. Owner financing is possible.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Fireplace YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Farm, Level, Wooded
-
Lot Size(acres)
172.0
-
Lot Size(square feet)
7492320.0
-
Property Type
Farm
-
Property Sub Type
Farm
Price
-
Sales Price
$1,006,200
-
Tax Amount
$2,017
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
VANDALIA DIST 203
-
Middle School
VANDALIA DIST 203
-
High School
Vandalia
Property Features
-
Ownership
Private
-
Water Source
None
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Location
County
Fayette
Elementary School
VANDALIA DIST 203
Middle School
VANDALIA DIST 203
High School
Vandalia
Listing Courtesy of Mitchell A Cain , Real Broker LLC
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AGENT
Franko Maric
Call Franko today to schedule a private showing.
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