33.6± Acres

Sold

Pike County, Illinois

Contact (217) 285-6000 Text Me

Ask Scott Gatewood

Excellent Tillable Farm Offering 4.2% Return

ID: 85251

Status: 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

Pittsfield, Illinois

(217) 285-6000

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