233 tillable acres
This 340 acres features 233 tillable cash rented at for a total of 4,075 on a 1 year contract for 2012. Farmer will extend if wanted or it can be farmed by the new owner. The farm had 0 offered after the contract was accepted. This is a local farmer. This farm should easily attract a hunting lease of at least er acre o 3400 to make the total income 7,475.00 and based on the asking price 430,000 o 4205.88 an acre which makes it a 4.7% Return. Owner would consider splitting off the woods and waste portion of the farm.
This is one of those farms that will continually year after year hold its ground in a competitive cash rent world.
The current owners would like a closing date of after March 16th 2013