Listing Information

Title: 75% Tillable with 6% Return
Type: Land
Listing ID: 21063
Price: $420,000.00
Acre: 159 +/-
Features:
  • Missouri Row Crop
  • Missouri Investment Property
  • Mercer County Missouri Tillable Land
  • Missouri Hunting Land
  • Mercer County Row Crop

Description

Don't wait long because this 159 ac m/l in Mercer County will be gone before you know it! Located just a few miles east of Princeton, this 159 ac m/l has 120 ac m/l tillable and has a new 3 year cash rent lease for $210 per acre paid upfront on March 1 each year putting your return to 6%. In 2013 the hunting lease will be available adding another $1590 bringing your overall return to 6.4% and total income to $26,790. $420,000 Don't let this one get away, call Matt Wear at 573-673-9291 today!

Price:$420,000.00


APR: 5 %



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Property Information

75% Tillable with 6% Return

Sec 21, T66N, R22W
Cleopatra, MO 64661

159 +/- Acre

Matt Wear

United Country Missouri Land & Home

800-895-4430 Work

573-673-9291 Cell