Jefferson County, IA – 107 Acres M/L – 51.74 Tillable Acres, Swine Facility & Recreational Appeal! – $800,000

Growthland is pleased to present for sale a unique Jefferson County combination farm with significant income potential.

Property Highlights:

• 107 total acres with 51.74 tillable acres; CSR2 for tillable land is 55.9
• Balance of land has timber & ponds providing recreational appeal.
• Includes a swine facility that Sellers willing to lease back for a year on a triple net basis (landlord responsible for real estate taxes & property insurance). Proposed lease rate of $60,000 per year for both swine facility and cropland; with an option to lease for subsequent years.
• Located 1.5 miles southwest of Lockridge in an area managed for trophy deer herds!!
• Access to the main part of the farm is from the South, along 232^nd BLVD, or the East, along Varnishtree Ave, which bodes nicely for a North or West wind while hunting.

 

Contact Mac Chilton at 641-954-1869 for more information. Rare opportunity to purchase an income producing farm with tremendous recreational appeal.

 

Acreage Breakdown:

Taxable Acres:  105 A M/L

FSA Acres: 108.10 A M/L

Cropland Acres: 51.74 A M/L

Soil Productivity: Tillable CSR2: 55.9

 FSA Base Acres:

Corn Base Acres: 31.10

Corn PLC Yield: 94

Bean Base Acres: 14.90

Bean PLC Yield: 38

 Property Taxes: $4,182.00

 

Click here for full property description!