Wayne County
All Around Recreational Farm With Two Ponds
Quail Run Road, WP#Lot001 Corydon, IA 50060
Description
This property has every aspect of Southern Iowa Rec Land and produces a VERY SOLID return on one’s investment. If you are looking for a property that has excellent return but also allows an owner to build a “getaway” home or cabin, hunt every big and small game animal known to Southern Iowa, or fish in one of the three stocked ponds. This property has it all!
Summary
Address
Land Type
Property Type
Land and Farm Property Types
Road Frontage
Road Surface
Land Details
Improvements/Features
Fencing
Details
- All around rec. farm with great return and every aspect of hunting in Southern Iowa
- Great building site overlooking the entire farm and 8+ acre lake
- Approx. 196 acres CRP in 3 contract
- 99 acres @ $159.38 acre or $15,778.62 annual
- 85.58 Acres at 178.60 acre or $15,284.58 annual
- 11.05 acres at 182.86 acre or $2,020.60 annual
- For a total annual farm income of $33,083.80.
- Over 3% ROI at asking price. If a hunting lease was added to the income stream this farm could Easily go to a 3.5% ROI at asking price. (call for details)
- Power is available at the road, Water is available 420 feet East of the property
- Property has 2 ponds of which one is 9+ acres and fully stocked
- 9 mile creek runs West to East through the North end of the property (see pics)
- Creek will serve at major travel corridor during the rut with larger blocks of timber on the East and West sides of the property.
- Good native grass CRP that has a good population of upland birds. I seen and heard many pheasants while taking pictures of the property.
- The property has just enough timbered/brushy draws with the surrounding CRP grass cover to harbor deer and wild turkey.
Other
Utilities
Coordinates
Annual Taxes
Sold Property
For more information or to see additional properties currently for sale see Gabe Adair's listings.