UNDER CONTRACT/ Possible 3.9% Return/ 161 Acres/ Newtown Mo/ ROI/ Recreational Farm

Status
Pending
Price
829,000
County
Putnam
State Location
Missouri
Acres
161
Agent
Andy Boyer
Email Andy

Here lies 161 surveyed acres northwest of Newton Mo in the very sought after Putnam County. This county is very well known for its ability to produce giant whitetail’s and big struttin turkeys. Farm is just off of Highway 139 and 120th RD. Right in the middle of the action for excellent hunting for any outdoor enthusiast. Property consists of 133 tillable crop acres currently planted to soybeans in 2023. How much better does it get to have a farm with this kind of ROI along with the possibility of harvesting one of the many excellent bucks caught on camera from this year’s trail cams! County road receives virtually zero vehicle traffic and merely dead ends at the south end of the farm. All surrounding landowners are very much outdoorsmen and want nothing more than to manage and harvest mature bucks. Perfect mix of crops, crp, brush, draws, creeks, and ponds give this neighborhood all it needs to hold and produce giant whitetails. This property has multiple ponds and Barber Creek the runs along the east side of the farm to ensure the wildlife a year around water source. Current owners farm it themselves and would be more than happy to continue to do so or may sell free and clear after the 2023 crop harvest. Current cash rent is $28,000/year. That’s a 3.9% ROI at asking price if hunting rights were to be leased out. Neighboring tenants have also expressed interest in the farming rights if new owners would like to go that route as well. Access from the North and West give you the opportunity to hunt different winds as well! With a crop lease and if you choose to lease out the hunting rights this farm could easily produce a 3.9% ROI at asking price if not higher. Licensed Missouri Real Estate Agent has ownership in this farm. Contact listing agent Andy Boyer for your own private showing 636-295-1476. *Property lines are thought to be accurate but are estimated. *