Wayne County Whitetail Creek Bottom - SOLD!!

Description

Type of Property:
Tillable/Production Farms, Trophy Hunting Properties

Timber/Brush Acres:
Approx. 44 Acres

Row Crop Acres:
26.74 in Current Row Crop, 20 Acres in Pasture.

Annual Income:
26.74 acre crop rental @ 125.00= 3,342.50 6 acre buffer strips @ 109.56= 657.36 63.47 acre crp fields 4,5,1/2 of 13 @ 58.98= 3,743.46 20 acre pasture @ 30.00= 600.00 TOTAL: 8,343.32 All the CRP contracts are set to expire in 2010.

Property Description:

The owners of this parcel have recently received a letter from the NRCS regarding a high possibility of enrolling 100 acres of this tract into EWRP!  When funds become available again for WRP enrollment, this farm ranks extremely high on the list to receive a one time payment of nearly $3800 per acre!!  We have sold multiple farms in EWRP and each time the buyer makes a statement similar to..."Dang, I wish I would have had this before the seller got the one time payment!"  This is your chance to be one of those sellers.  The property value will take a significant hit in value should it be enrolled, but if purchased near the asking price, you could more than pay for the farm!  The sellers are from Missouri and interested in all offers.  If you have any interest in this opportunity to own a major whitetail travel corridor in the heart of big buck country, now is the time to schedule your showing!

This killer of a property...literally...is designed for antler chasers that are investment minded!  With more big rubs than any other listing I have, this property shows incredible signs that more than one stud walks the creek that meanders through the property.  Located a comfortable distance from town, this productive combination farm offers not only opportunity at the some of the finest in game animals in Iowa, it provides substantial income from row crops and CRP.  Several building sites exist on the property for your quiet log cabin retreat or country home.  The creek timber provides an excellent opportunity to arrow bucks and tag gobblers headed to your own food plot areas and crop fields from the incredibly dense CRP grasses that form the foundation for your cash rate of return.  For the investor, this farm is priced exceptionally well and would offer additional income through multiple sporting leases or other recreational income.  Total possible income is exceeding $11,000 per year for an approximate return of nearly 4% based on the asking price.  Not many true hunting properties can boast that kind of ROI!  If you're a serious sportsman who is also a serious investor, don't pass up the chance to look at this Wayne County Property!
Call Rod White at 319-217-0392 today to schedule your showing of one of the best valued properties in Iowa today!