Missouri | Milan | 120 Acreage W/ Homes

  • $342,000
  • Acreage w/ Homes, Farm Land, Income Properties
  • Property Type
  • MO120
  • Property ID / MLS #
  • 120, 120
  • Total Acres

Overview

Property ID / MLS #: MO120
  • Acreage w/ Homes, Farm Land, Income Properties
  • Property Type
  • MO120
  • Property ID / MLS #
  • 120, 120
  • Total Acres

Description

This farm has it all from excellent tillable land, great hunting, and an older farm house that could be used as a cabin. Property has been used for hay ground in current years and will be converted to rowcrop in 2017. Tillable crop ground has a three year lease running through 2019. Cash rent lease is paying $170 per acre on 93 acres paying $15,810 annually. Just imagine the wildlife after there are soybeans put in place in 2017. This area of Sullivan County is a proven producer for giant whitetail bucks and excellent turkey hunting. Farm has great access off highway T running across the north edge of the property. This property speaks for itself after viewing it! There is a pond on the north side of the property near the highway, and an excellent spot in the center of the farm for a big pond to be put in as well. Farms like this don’t happen often with all of these great amenities to offer. Property has a 4.6% return at full asking. If a person were to rent out the hunting rights they could easily bring in another $1800 per year. House could also be rented out monthly if a person were to desire to. Property has many different options to let the farm pay for itself!

Details

Updated on January 11, 2017 at 12:00 am
  • Property ID / MLS #: MO120
  • Price: $342,000
  • Property Type: Acreage w/ Homes, Farm Land, Income Properties
  • Property Status: Available
  • Total Acres: 120

Address

  • City Milan
  • State Missouri
  • Zip/Postal Code 63556
  • County United States

Contact Information

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Pete Miller
  • Pete Miller

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Pete Miller
  • Pete Miller