490 tillable acres
Cash rent of $275
This farm is one of North Missouri’s finest bottom ground farms that has been for sale in a long long time there have been cash rent offers of $300 dollars already for this year but were submitted after the cash rent contracts were awarded.
This is one of those farms that will continually year after year hold its ground in a competitive cash rent world.
The lease agreement on this farm is for 1 year and can and will be able to be renegotiated next year.
The current owners would like a closing date of after March 16th 2013
$134,750 income for 2012
Current return rate of 4.8%