755 Acres in Milan, MO - $1,245,750
This versatile property has a lot to offer the new owner. If you are looking for an investment property that pays as you play, you need to take a look at this one. Very diverse property featuring tillable land, CRP, brush and timber, and WRP that offers unlimited hunting opportunites for deer, wild turkeys and waterfowl. The WRP provides approximately 200 acres of surface water for ducks and geese, and the timber and crop fields provide ample cover and feed for big bucks! Along with the hunting, the property has brand new CRP contracts on 124.4 acres paying $13,087 annually and there is approx 131 acres of tillable land that the seller would rent back for $150 per acre. The property could also be leased for hunting to provide even more income. To top it all off, there is a 2 bedroom 2 bath home on the South end of the property that makes a great hunting camp or residence, along with a la...
This versatile property has a lot to offer the new owner. If you are looking for an investment property that pays as you play, you need to take a look at this one. Very diverse property featuring tillable land, CRP, brush and timber, and WRP that offers unlimited hunting opportunites for deer, wild turkeys and waterfowl. The WRP provides approximately 200 acres of surface water for ducks and geese, and the timber and crop fields provide ample cover and feed for big bucks! Along with the hunting, the property has brand new CRP contracts on 124.4 acres paying $13,087 annually and there is approx 131 acres of tillable land that the seller would rent back for $150 per acre. The property could also be leased for hunting to provide even more income. To top it all off, there is a 2 bedroom 2 bath home on the South end of the property that makes a great hunting camp or residence, along with a large machine shop.
Property Features:
- 399.3 acres of WRP along Locust Creek with the balance of farm in timber and pasture
- Nice income of $32,737, property has had hunting lease in the past that paid $20,000 for deer and waterfowl
- Potential income of over $50,000 per year
- 131 acres of tillable land, $150 cash rent - $19,650
- 124.4 acres of CRP brand new contracts, annual payment $13,087
- Approximately 200 surface acres of water create awesome waterfowl hunting
- Excellent deer hunting tract, one buck scoring 195'' was taken on this property
- Nice mix of habitat to grow and hold big whitetails
- 2 bedroom, 2 bathroom house on property makes ideal hunting lodge or residence. Propane heat, rural water
- Nice shop on property for tractors and equipment
- Beautiful views of Locust Creek drainage from home site
- Located approximately 10 miles Northwest of Milan
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