228th Avenue, Moravia, IA 52571 - Appanoose County

Rathbun Lake area recreational tract with income and future building site potential. 30 +/- acres, subject to survey, located just south of Moravia, Iowa, near Rathbun Lake. This income producing Iowa property offers future home or cabin building sites, recreational opportunity and a solid return on investment. Appanoose County recreational properties of this size are hard to find, especially with a solid income stream to support the payment. This Appanoose County land for sale offers rolling terrain with beautiful views and CRP native grass; all within 1-2 miles of Rathbun Lake and a mile from paved Hwy 5. Nearly all open acres on this property are currently in CRP with an estimated annual payment of $3,918 on 19 acres (subject to survey and FSA reconstitution). This Appanoose County, Iowa investment and recreational land offers great potential with a recreational and investment opportunity. More acres available on contiguous land, call for details.