233 Acres Humpherys, Sullivan County, MO

City: Humpherys
State/county: Missouri
Neighborhood: Sullivan County
Country: United States

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$862,100

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Description

233 Acres located in SW Sullivan County. This farm is a great income producing row crop farm, with the opportunity to lease out the hunting rights. The land consist of 200 acres of highly productive tillable ground as well as 33 acres of timber and brushy draws to hold the deer and turkey. This farm is currently rented on a share crop basis. The corn crop is shared at 30% to the landowner, and soybeans are at 33.3% to the landowner. Over the last 7 years, the farm has averaged an income of $168/Acre for corn and $158.5 for soybeans. There were two years of $200/Acre cash rent as well as two drought years thrown in the averages. With an average income of $163/acre on 200 tillable acre, and a $3500 hunting lease, this farm shows a 4.18% return at asking price.
Whether your looking to grow your farming operation, or your investment portfolio, you really need to give this farm a look. If you have any questions or would like to schedule a private showing, please contact Tyler Arnold with North Missouri Land Company at 870-450-2760!