514 Acres in Exline, IA - $1,272,150
Super nice All Around Farm! This tract has it all, big timber, tillable, alfalfa, CRP, wooly deep ditches, ponds everywhere, and a creek that runs through the entire farm. Very diverse property that would serve well for a very broad spectrum of buyers. Hunters, investors, cattle guys, or a person wanting to build that dream home on a large tract in Southern Iowa. While I was on this farm taking pictures, I was very impressed with the amount of deer and turkey sign that was ALL OVER the property! This farm will satisfy any hunter out there.
Property Features:
- Excellent Combo/Investment Farm
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- Great income with a big block of timber
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- Very diverse tract of land, with big timber, tillable, CRP, & alfalfa
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- 20 minutes from Centerville and 2 hours from Des Moines Metro
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- 5 ponds on proprety one of which is stocked and small creek runs through the middle of property
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- Power and water ON p...
- Power and water ON property
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- New 30 X 60 metal building (built in 2012) with power and water
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- Great income producing property, 100 acres tillable currently rented @ $200 acre, 100 acres (new seeding) alfalfa (seller is currently taking bids on for rental) should rent very close to $125 acre, and 97 acres CRP that pays $8635 annually until 2015. Total income will be in the $40,000-$43,000 range
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- CRP is currently enrolled in Ripperian Buffer Strips (planted to trees) paying $89 per acre. Once these acres expire and are re-enrolled the income will more than double on the CRP. Similar programs I have worked with in the past year are paying $200+ per acre. Total income at this point should easily be in the $53,000 range
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- Good fences on property with plenty of water make this property a perfect set up for a cattle operation
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- Awesome building sites that have great views
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- Property has not been hunted for past 2 years and the deer sign is tremendous
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