256 ac. 95.4% Tillable Farm, Mostly Bottom, Hills Terreced, 4% Return
$1,260,000

#gpc05-256-02 — Farms & Ranches — Sold

Elm Drive / Drum road
Laclede, MO  64651  (Linn County)

This very nice tillable farm features 176 acres of Bottom ground in 1 tract and 80 acres of terraced hill ground in the other tract. the 176 acre bottom features 172.7 tillable. The 80 acre tract features 71.65 tillable. Together they have a total of 244.35 tillable and a 95.4% farming ability. Soils are all class 3 soils except for 1.26 acres of class 2. Farm is open to farm for the 2018 crop year for now. The owner has had a $200/acre cash rent offer for 2018 year. This would make a yearly farm income of $48,870. This farm also has a $2000 hunting lease which would bring the annual income to $50,870 and a 4% return. Call today Jeff Quinn 1-660-734-3925