|
Flat
and black, very good soils. Renter in place or farm
the ground yourself this Spring.
To
schedule a showing please give Tom Miller of Preferred
Properties a call at 712-621-1281.
The information contained in this
website was gathered from sources
believed to be reliable. We do not guarantee this information and urge
the prospective buyer to do further investigation on their own. PPI,
Inc. is representing the Seller.
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|
NAME: |
Bowstring
LLC Farm
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|
PRICE: |
$330,000.00 |
| CSR
DATA: |
Avg.
82.8
Adams Co. Assessor
|
| INCOME: |
$11,395
in 2012
Potential to
go much higher in 2013.
The FSA reports
the farm has 37.6 effective tillable
acres. However, the tenant on the subject
property reports 40 effective crop acres and
rents it accordingly. With the additional
income from the renewed CRP contract, there is
excellent income potential on this farm. |
| CRP: |
--CP21--6.61
Acres @ $159.80/acre=$1,055 annually, expiring
2015.
--CP9--9.99
Acres@ $134/acre=$1,340 annually through 2012
moving
to $232/acre=$2,317 annually in 2013
Adams Co. FSA |
| LOCATION: |
Located approx. 1
mile East and 1 mile North of Nodaway, Iowa. |
| TAXES: |
Taxes
will be reassessed because the subject property
is being sold off a larger a property Adams
Co. Treasurer |
| FSA
DATA: |
The
government payments are to be reconstituted by
the FSA because the subject property is being
sold off a larger property.
Adams
Co. FSA |
| TERMS: |
Cash,
payable at closing |
| POSSESSION: |
May
be subject
to tenancy |
|
AGENT: |
Tom
Miller - 712-621-1281
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|
No
Photos Yet.
Please
Check Back For Updates.
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