Acreage
142
Price
$465,000
State
Iowa
Contact Information
Interested in this listing? Contact the seller for more information:
| Midwest Property Sales | 641-919-9026 | Email Seller |
Property Details
Lee County, Iowa 142 Acres (m/l)
Here is your chance to own a parcel that so many people have been asking for: one that offers a great mix of investment-grade income farm ground, with rolling forested habitat that offers premium deer/turkey and upland game habitat!
That’s right!
Check out these features:
Approximately 78 acres crop/crp/hay ground with 54.56 acres presently in the Conservation Reserve Program – CRP — 23.44 additional acres currently being farmed (being used as hay ground currently). There would be a remaining 62 acres or so in rough timber ground and gullies — ideal deer and turkey habitat!
$11,122 per year in annual CRP payments (2 contracts). One contract brings $8,026/yr through 2027and the other brings in $3,096 through 2032! CRP acres planted to excellent native grass upland habitat and upland oak/hickory tree plantings as well. These provide superb wildlife thermal, feeding, and sanctuary habitat in addition to the excellent habitat already provided in the forested areas of the property.
I saw a boatload of deer sign on this property when I walked it! I kicked up deer all over the farm. It appears that it would hunt really well and would handle several hunters at one time (especially bowhunters). This farm backs into some ideal habitat on the west side and there would be little doubt some big bucks would cruise this farm — especially during the rut. Put some food plots in and this farm would be wicked! There are excellent numbers of both deer and turkey in the area and trophy potential should be really good.
There are LOTS of great building sites on the farm with rural water and power running onto the northeast corner of the property and along the road. Just 8-miles from Keokuk!
Potential pond and lake building sites!
Cropland acres lay well and are easy to access with farm equipment. This is a clean farm with no identified erosion issues and well-managed acres that are full of wildlife!
There is a mobile home on the northeast corner of the property along with a metal Morton-style building with concrete floors! (One could use this as an ideal place to stay when you come to the farm to hunt, use it to live in, use it to live in while you build yourself your dream home, or just rent it out for additional income and tax deductions! This should easily rent for $7,000-$8,000 per year!
Current income on this farm is $11,122 per year and could potentially, easily, be north of $20,000/year! (Considering CRP income, hay ground and potentially renting out the mobile home space).
Call Rich at 641-919-9026 to schedule a time to come see this great property before someone else buys it!