Miami County
Multi-Use Farm In Kansas
39050 New Lancaster Road, Lot #WP001 Lacygne, KS 66040
Description
Located approximately 40 minutes south of Greater K.C. lies one of the better multi-use farms to hit the market in recent years. Multiple revenue streams comprised of approx. 130-140 acres of tillable ground currently renting at $80 an acre, a mineral lease in place and paying 15%, and averaging about $1000 a month, and a small 2bd/1bath farmhouse currently renting at $750 a month. This farm averages over $30,000 a year in income and is one of the better hunting farms on the market today. One look at the aerial and you will instantly see its potential. Middle Creek runs through the center of the property and is surrounded by rolling hills of mature hardwood timber. There is a well-established road and trail system running through the property giving access even in the worst of weather conditions. With a proven history of giant whitetail and a healthy population of turkey, it is hard to find a box this farm does not check. 200 plus inch deer have been documented and harvested on this farm. The genetics and age structure are there. Mature 160-170 class bucks are the norm, with much larger ones caught on camera and harvested both on this farm, and in the surrounding area in the years past. The farmhouse in the NE corner of the property was remodeled in the 1970s, and again in the past few years. It is approx. 1728 sq/ft, 2 bd/ 1bath with a spacious and charming kitchen, and a nice size living room. This house currently rents for $750 a month, but would make an excellent weekend getaway, VRBO, or hunting cabin if the new owner desires. Properties of this caliber do not come along often, and will not last long. For more information, or to schedule your own private showing, contact the listing agent today.
Summary
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Details
- Proven history of record book whitetails, and a healthy population of turkey
- Middle creek runs through the center of the property, and there is a decent pond located in the timber on the west side
- Road frontage along the east and south, combined with a well established trail system throughout makes accessing the property in various wind directions a breeze
- Rolling wooded hills with mature hardwood timber surround the crop ground along the creek in the center of the property, providing an ideal layout for hunting and spectacular views
- 100% minerals transfer with the property, but are currently under lease. Lease arrangement is a generous 15% to new owner and conservatively averages approx. $1000 a month in passive income
- A 1728 sq/ft. 2bed 1 bath house is located on the property and currently rents for $750 a month. Current rent agreement is month to month with 90 day eviction notice required
- 130 plus acres of tillable ground currently cash rents for $80 an acre
- Estimated $31,000-$34,000 a year in annual income