Winnsboro, LA 71295(Franklin Parish)

4.0% Return on Irrigated Farmland with Investment Opportunity

Sale Pending, Subject to Financing: MOTIVATED SELLER!! RECEIVE a 4.0% Safe Return on this Franklin Parish, LA Irrigated Farmland: This 551.2 acre farm tract has 400+/- acres of precision leveled irrigated farmland. Water wells, pipelines and risers were installed about 6 years ago. It has an additional 50 acres+/- that can easily be put in cultivation. The farm is leased through 2021 for cash rent. There is an additional 25.30 acres enrolled in CRP that recently renewed in 10-2018 thru 9-2033 for $81 per acre or $2049 annually. Total annual Farm Income of $82,049. Tenant would like to continue leasing the farm. Reduced Price at $2,050,000. Contact Gary D. Robinson, LA License # 13431, Cell: 318-614-4101, Office: 318-498-7070. Sponsoring Broker: Brandon A. Bourgeois, LA Broker License #995694978