0000 Mcgrew Mine Rd., Wellington, MO 67152 - Lafayette County

This Missouri River bottom tillable farm is a fantastic investment property! If you are looking for a low risk way to invest and generate totally passive income, or if you are a farmer looking to expand your operation and add a very high quality piece of dirt to your inventory, this is it. This bottom ground farm has very rich soils that produce huge crop yields every year, which in turn results in large cash rents from the farmer. This farm generated $24,000 dollars of income in 2017 from the farming and hunting leases. Currently the sellers essentially have to do zero work, and they just collect the rent money and watch the investment gain in appreciation. We are at just under a 4% annual return on investment at the list price. There is also a great opportunity to easily increase the income with just a little bit of work to remove trees, and convert it to additional tillable land. The sellers just this spring had 5 plus acres cleared and added into production. With an additional 30 +/- acres of potential tillable that would instantly increase the annual return and add tons of long term value as well. As an added bonus the farm does offer great hunting, with lots of turkeys and deer that use the timber. There is heavy deer sign everywhere throughout the timber. There is an excellent tenant farmer in place that treats the farm is if it were his own, and he would very gladly continue to farm the ground for the new owners if they wish.

Property Features

-Large Per Acre Cash Rent

-Rarely Available Land

-Great Hunting

-Huge Crop Yields

-Good Access

-Fertile Soil

-Only 35 Minutes from Kansas City

-Great Farmer Already In Place