From Missouri Valley, Iowa: Travel West Out Of Missouri Valley, Iowa Until Turning Right (North) On Interstate 29. After 5.5 Miles, Take Exit 82 For Modale. Turn Right (East) On Ia Hwy 300 / 270th St / Co Rd F50 For 1 Mile Until Turning Left (North)

0 Hamlin Ave, Other, Iowa

Sold: 3/2/2018
Sold Price: $1,125,000
Acres: 235.00
MLS # 542376
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Details: Lots and Land
MLS# 542376
County Harrison
Zoning AG
Acres 235.00 ML
School District Outside School District
School and Community Information
Property Description
Offering an aggressive return on investment and abundant wildlife opportunities with this 235 acre tract of income producing Wetland Restoration CRP land nestled among the Loess Hills of Western Iowa! Additionally, the farm is adjacent to Vaile Wetland Nature Area and Sawmill Hollow Wildlife Area with combined acres of wetland, woodland, and ridge top prairie habitat. Property includes 233.83 acres enrolled in two separate CRP contracts (CP-21 & CP-23) with an annual payment of $67,440. (223.71 acres with an annual payment of $66,308 enrolled until 2025 and 10.1 acres with an annual payment of $1,138 enrolled until 2018) ANNUAL PAYMENT OF $67,440 EQUATES TO A 4.5% GROSS RETURN! With the volatility and uncertainty that comes with investing in the stock market and lack of returns on alternative investments, owning this property with the Federal Government as your "tenant" should be enticing. Located a few miles from Interstate 29 providing easy access .......
Water Well
Electric Street
Tax & Terms Information
Gross Taxes $7,002
Net Taxes $5,290
Terms Available Cash, Conventional
Listing courtesy of Peoples Company Data courtesy of the Des Moines Area Association of REALTORS

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