SOLD, ROI & HUNTING, 600 Acres Scotland County

Status
Sold
Price
2280000
County
Scotland
Acres
600

These 600 acres are located in the very Western corner of Scotland County MO. Farm is made up of 400 acres of tillable crop ground that will bring in $70,000.00 per year in 2019. Our surety mapping system show 440 open acres. It’d take some cleanup work to gain those acres, but could be done if so desired. This making the tillable rent anywhere from $75,000.00-$77,000.00. A lot of the tillable crop ground has been terraced and tiled. Perfect mix of crop ground, mature hardwoods, and a view smaller ponds for the wildlife. Farm runs from Highway 136 all the way north to the next county road. Not very often to you get a chance to own a farm of this size that’s all continuous. This area near the Iowa line has proven its self- time and time again for producing giant whitetails. There’s been offers of $15,000 annually to lease out the hunting rights. This bringing the annual income to $85,000 per year or a 3.7% return at full asking price. If more cleanup is done and turned into more tillable crop ground the return would range from 3.9% – 4.0% at full asking price. Water and electricity are nearby to build the house or cabin of your dreams. Very hard to find a hunting farm that has the opportunity to make this kind of a return on your investment. Farm has been all surveyed to assure buyer exactly what they’re purchasing. Deer blinds are not included in the sell price of the farm. Licensed Missouri Real Estate Agent has ownership in this farm. Please call Andy Boyer for your own private showing 636-295-1476. *Property lines are thought to be accurate but are estimated.