Union County
Income Producing Property With Building Sites
Pheasant Ave, Lot WP#002 Afton, IA 50830
Description
This is the perfect setup for that buyer looking for good ROI but also having some great recreational opportunities! The property is not only a great income producer but it’s also in a killer area for Whitetails and Upland birds. One look at the surrounding area and you will see this farm has more to offer than ROI. Pheasant and Quail populations in this area have always been as good as anywhere in Southern Iowa and this property has a great wild bird population. The deer hunting in this Afton/Thayer region (in my opinion) is the most “under the radar” management area in Southern Iowa. This region pumps out top-end bucks as well as any area I work with in any of my counties. If you are looking for a great ROI property but also want to be able to have some fun on it…. This one’s for you!
Summary
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Details
- High income producing 80 with hunting
- +/- 76.17 total CRP acres producing $16,395.00 yearly in 2 contracts
- +/- 68.57 acres CRP @ $222.60 acre or $15,264 yearly until 2023 & 7.6 acres CRP @ $148.78 or $1,131 yearly until 2035
- 3%+ ROI at asking price
- +/- 76.17 acres CRP carries a CSR2 avg of 58
- 95% of acres are producing CRP income!
- Great build site opportunities with Power and Water available at the road.
- Great Pheasant and Quail population on the property
- Surrounding area produces top end whitetails on a yearly basis
- Multiple large landowner tracts in the immediate area
- Taxes $1174 year
- Property could convert to tillable very easily if new owner decides to farm it once CRP expires
- Twelve and Three Mile Lakes are only a few miles away and are home to some of the best fishing in Southern Iowa with cabin rentals and endless recreational opportunities!
Other
Additional Addresses
Pheasant Ave, Lot WP#002, Afton, IA, 50830
Pheasant Ave, Lot WP#002, Afton, IA, 50830
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For more information or to see additional properties currently for sale see Gabe Adair's listings.