Description
This is excellent farmland with multiple income streams. Income streams include; oil lease, CRP income, government programs, & a farm lease. Total income from all sources has averaged $30,823 for the last 5 years with a net to the owner of $9,163.33, for an roi of 3.62% based on the asking price The buyer can take possession after the 2020 wheat harvest to either farm themselves, find a new tenant, or the current tenant would stay. The soils are most deep level Class II with 39 acres in CRP, and 109 tillable.
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0BEDS
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149ACRES
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0BATHS
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01/2 BATHS
Description
This is excellent farmland with multiple income streams. Income streams include; oil lease, CRP income, government programs, & a farm lease. Total income from all sources has averaged $30,823 for the last 5 years with a net to the owner of $9,163.33, for an roi of 3.62% based on the asking price The buyer can take possession after the 2020 wheat harvest to either farm themselves, find a new tenant, or the current tenant would stay. The soils are most deep level Class II with 39 acres in CRP, and 109 tillable.
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