398.7 Acres in Milan, MO - $1,116,360
It’s very hard to find a farm that provides a solid rate of return and great hunting, and this farm does just that! This property is located about 10 Miles Northwest of Milan, off of Highway BB and Montana Road, and is situated in a prime area known for big whitetails and lots of big long bearded gobblers. This farm has the habitat for great deer and turkey hunting plus has a nice combination of both tillable acreage and CRP that provide a solid return. This Farm is typical of North Missouri, gently rolling cropland, with timbered blocks and draws, grassy areas, and thickets. The property has very little road frontage which is always a big plus, there are no roads around the farm, only a small section of road on the Northeast side of the farm, and there is also access from the Southwest off of Highway BB via a deeded parcel that extends out to the blacktop. There are endless locations to...
It’s very hard to find a farm that provides a solid rate of return and great hunting, and this farm does just that! This property is located about 10 Miles Northwest of Milan, off of Highway BB and Montana Road, and is situated in a prime area known for big whitetails and lots of big long bearded gobblers. This farm has the habitat for great deer and turkey hunting plus has a nice combination of both tillable acreage and CRP that provide a solid return. This Farm is typical of North Missouri, gently rolling cropland, with timbered blocks and draws, grassy areas, and thickets. The property has very little road frontage which is always a big plus, there are no roads around the farm, only a small section of road on the Northeast side of the farm, and there is also access from the Southwest off of Highway BB via a deeded parcel that extends out to the blacktop. There are endless locations to plant food plots, and this farm sets up very well for archery and rifle hunting, there are lots of killer pinch points in the timbered draws for bow hunting, and if you like rifle hunting, there are numerous spots to setup box/tower stands overlooking key travel and feeding areas. I will say it again, its hard to find a great hunting farm that produces a nice solid return, if that is your goal, give me a call for more details or to set up a showing.
Property Features:
- Excellent hunting and income producing farm located in a great hunting area!
- Property is Located about 10 Miles Northwest of Milan off of Highway BB and Montana Road
- Farm makeup includes the following, 190.5 acres of tillable land planted to soybeans in 2016
- Cash rented for $160 per acre through 2018, income from tillable $30,480
- 80.1 acres of CRP paying $82.94 per acre through 2020, total CRP income $6643 annually
- Has hunting lease for $15 per acre or $5980, this lease can be cancelled if new owner opts to hunt the farm, but is available for investors looking for maximum rate of return
- Total farm income, $43,103.50 with the hunting lease reflects a rate of return of 3.8%, excellent return on investment
- If hunting lease is cancelled, farm still shows a rate of return of 3.3%, very hard to find a great hunting farm with this type of return on investment
- Balance of the farm after the CRP and Tillable acres includes timber blocks, timbered draws, grassy areas, and several ponds
- Draws on the property are deer magnets, creating awesome travel corridors and bedding areas
- Sets up great for archery and rifle hunting
- Excellent pinch points down in the timber, great locations for kill plots near cover, and the ridges and open areas are killer set ups for tower stands over looking the draws and fields, check out the aerial photos
- Provides outstanding turkey hunting as well as deer
- Very little road frontage, most of the farm is secluded from roads
- Nice level spot on the North end of the farm to build a home, cabin, lodge, or park an RV
- Rural water and electricity on site
- Like the looks of this farm but need a smaller parcel? See also the Sullivan 132.7 acre listing which is available as separate tract from the whole 398.7
- 40 acres of timber land on the North side of Montana road is also available to be added to main farm, call for details
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