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390 Acres

Linneus, MO 63557

Linn County, Missouri

390 Acres
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Farm Description

390 Total Acres +/-

292 Tillable Acres +Timber Acres +CRP Acres +/-

This is one of the best laying farms in the area. It features all loam soils 0-2% slopes 34.1 acres, 2-5% slopes 144.2 acres, 5-9% slopes 110.5 acres, 9-14% slopes 38 acres. It has approximately 336 open FSA acres with 44.6 of those acres being in crp paying approxiately $3281 yearly until 2017. It has 292 acres tillable with a cash rent contract for $185 per acre for 2012, 2013, and 2014 or $54,020 yearly. It features a newer pole building and qounset rented for $3600 yearly and 12,000 buschel in grain storage rented for $1200. It also has a hunting lease for $4000 yearly which will be up to the new buyer to renew. Hunter wants the lease but will leave if landowner does not want him there. This totals $66,101.00 yearly forand a 5.0% Return

Asking Price: $1,320,000 or $3385 an acre

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