Highway DD, Reger, MO 63556 - Sullivan County

Nice income producing tillable tract that provides a good return on investment for the new owner! This property is primarily tillable land, with nice timber draws that provide ample cover for deer and turkeys. The farm is situated in a secluded location that offers great hunting as well as good income/return on investment. Property is located only ½ mile off blacktop Highway, off of Victoria Road. Sellers have just signed a new lease agreement with a local farmer for 2020, talk to Jeff for details on the tillable lease agreements and hunting leases. This is a nice tillable farm, providing good income and the great hunting this county is known for! Call for more details or to set up a showing.

Property Features:

- Nice tillable tract with hunting

- 221 acres tillable currently being farmed by local farmer who has farmed it for several years

- Balance of the farm is timber draws that offer great deer and turkey hunting

- Property is accessed off of Victoria Road

- Farm is ½ mile off blacktop highway DD to the east

- Armstrong and Gara Clay loam soils are the predominate soils on the far

- Timbered draws on the farm provide excellent deer and turkey hunting

- Farm will be cash rented for $130/tillable acre $28,730 income in 2020

- Hunting lease will be in place for 2020 for $10/acre $2800 income

- Second half of 2019 rent will be paid in November is $10,270, (first half has been received by the sellers)

- Hunting lease for 2019 pays $2800

- Hunting leases can be severed if new owners prefer to hunt the property, talk to Jeff for details

- Total farm income for 2020 will be $31,530 which is a 3.8% rate of return at list price

- Landscape pictures coming soon