Sold
33.6± Acres
Sold
Pike County, Illinois
Contact (217) 285-6000 Text Me

Excellent Tillable Farm Offering 4.2% Return

ID: 85251
Status: Sold
Price: Sold
Acres: 33.6
Type: Farms, Ranches
County: Pike
Lat/Long: 39.5662363, -90.8294002
Presented By: Scott Gatewood
Phone: (217) 285-6000
Email: Click to Contact

Description

  • PROPERTY SHOWING OVER A 4.2% RETURN
  • LOCATED IN THE SPRING CREEK BOTTOMS
  • GREAT ACCESS
  • ALMOST 100% TILLABLE
  • 3 YEAR CASH RENT AGREEMENT PAYING $9,750 PER YEAR

It is not easy to find a farm that has a great return. It is even more difficult to find a farm that has a great return and a 3 year contract to back it up! This excellent tillable property is under a 3 year contract (starting in 2013) bringing in $9,750.00 per year! That is over a 4.2% return on investment yearly! The property is located in the Spring Creek bottoms in Southern Pike County. The farm is made up of almost 100% high quality tillable acres. The farm has great access from a blacktop road. The soil type averages on this farm are 173.9 bushels per acre on corn and 55.7 bushels per acre on beans! This property offers great income potential for the investor looking to own high quality tillable acres. *Broker Owned

Scott Gatewood

Scott Gatewood

Pittsfield, Illinois

(217) 285-6000

Text Me

Ask Scott About This Property

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