Sold
Wetland CRP With Tremendous Income South Of Iowa City
Acreage
95 ±
County
Washington
SOLD
Address Vine Avenue Riverside, IA 52327
View on Google MapsDescription
Diversify your land investment portfolio with a property that is currently generating $25,511 per year in Conservation Reserve Program payments. This listing is bringing a 4.1% net cap. rate at asking price, making this a strong investment opportunity. This Wetland Restoration CRP habitat is comprised of grasses, trees, and shrubs creating thick wildlife cover, and there is significant deer sign throughout (check out the trails in the snow.) Two flooded ponds that were built to hold water in the wetland attract waterfowl as well, rounding out this excellent income-producer into an enjoyable hunting tract. 54 of the 95 acres is being offered for sale separately as well. Call the listing agent for a private showing.
Details
- Comprised of 84 CRP acres and 11 timber acres
- 51.16 ac. in CP23 pays $16,931/yr ($330.94/ac.) expires 9/30/2030
- 33.10 ac. in CP23 pays $8,580/yr ($259.20/ac.) expires 9/30/2021
- 4.1% ROI at asking price (that accounts for property taxes)
- Thick native wetland habitat (grasses, forbs, small trees)
- Heavy deer trails throughout
- Excellent tree stand and blind locations
- Abundant waterfowl, deer, and turkey populations
- English River frontage
- 20 minutes to Iowa City, Coralville
- 35 minutes to Cedar Rapids
- Taxes approximately $2,650
Summary
Feeds
Trulia, Zillow
Features
Wild Game, Whitetail, Waterfowl, Turkey, Upland Game, Waterfront, Creek, Investment, Conservation Reserve Program (CRP), River, Fish, Big Game, Small Game, Pheasant, Dove, Quail, Other Game, Duck, Geese, Catfish, Bass, Panfish, Slough, Frontage, Roads, Road Frontage, Highway, County Road, Road Access, Pavement, Government Programs, Area Features, Public Hunting, Public Fishing, Golf Course, Activities on Property, Hunting, Fishing, Hiking, Boating, Camping, Family Activities, Wild Game, Whitetail, Waterfowl, Turkey, Upland Game, Waterfront, Creek, Investment, Conservation Reserve Program (CRP), River, Fish, Big Game, Small Game, Pheasant, Dove, Quail, Other Game, Duck, Geese, Catfish, Bass, Panfish, Slough, Frontage, Roads, Road Frontage, Highway, County Road, Road Access, Pavement, Government Programs, Area Features, Public Hunting, Public Fishing, Golf Course, Activities on Property, Hunting, Fishing, Hiking, Boating, Camping, Family Activities
Land Type
Hunting and Recreational, Timberland, Waterfowl
Land Details
Enrolled in Government Program
Road Surface
Pavement
Property Type
Recreational Land, Timberland, Hunting Land
Road Frontage
State Highway, County Road
Improvements/Features
Big Game, Waterfowl, Upland Game, Fish, Small Game, Slough
Land and Farm Property Types
Land - Hunting, Land - Recreational, Timberland - Natural
Other Property Details
Coordinates
41.477, -91.5462
Annual Taxes
$2,650
Sold Property
For more information or to see additional properties currently for sale see Ben Harshyne's listings.