305th St., Albany, MO 64402 - Gentry County

This farm is an excellent smaller investment tract containing 42 tillable acres along the middle fork of the Grand River in Gentry County, Missouri. This farm has been well-maintained by the long term operator and produces strong yields on what is 100% class II tillable soil. The farm is leased for 2020 at $200 per tillable acre, which provides $8,460 of annual income. There is no existing hunting lease on the farm, which could be executed prior to closing for additional income. The existing farmer would renegotiate the cash rent agreement if a new owner desired or the farm would be open for a new operator after harvest of 2020.

The listing agent can assist a buyer to structure this farm on a 5 year crop and 5+ year hunting lease providing a strong annual return on the investment, which would allow a buyer to finance a portion of the sale at an interest rate less than the annual income. The existing tenant has leased the farm for 10 years and currently has the farm planted in beans. Conveniently located 2 miles west of Highway N just north of Albany, this farm is 79% tillable and is tucked down a dead-end road with a thick timber perimeter and river frontage, which provides excellent hunting potential. The farm is loaded with deer trails coming out of the timber edges and running parallel with the creek into the farm. This farm would be a great spot to be during the rut, or families may enjoying fishing and canoeing the middle fork of the Grand River! The 54 +/- acre tract is part of 103 acres offered for sale. The additional 49 acres lay on the west side of the river. Spend time touring this incredible farm with us. Call Will Wiest to arrange a showing or to request additional information, including yield history.

Property Features

-54 +/- acres located in Gentry County, MO

-42.3 tillable acres of cropland currently planted in beans

-Priced at $6,000 per tillable acre

-Located on the east side of the middle fork of the Grand River

-Located between Gentry and Albany off of Highway N

-100% of the tillable acres is class II soil

-Farm operations are leased for 2020 at $200 per tillable acre

-Crop lease generates $8,460 annually

-Tons of deer sign in the beans and along the perimeter

-Survey necessary to govern acres to be transferred

-Can be bought with 49 acres on the west side of the river

-Annual taxes: $409.40