10th and Quail Run, Humeston, Iowa, 50123
Wayne County Iowa Online Only Auction Ending September 12, 11:00 a.m. Central Time.
307 acres more or less of tillable and CRP with great hunting. This farm is on good gravel just a mile south of J20 blacktop southwest of Humeston. There is 150.4 acres currently under tillage with a CRS2 rating of 49. The farm is open for 2020 or you can take the $240 per acre cash crop rental that is offered. 110.34 acres are in CRP that expires in the fall of 2020. CRP payment is $17,246 annually. With the CRP, wooded draws and crop mix comes great Iowa Whitetail hunting. Hunting rights are leased for $3696. Total annual income with cash rent is $57,038. Renter will sign a 3 year contract at $240 per acre and include the 110 acres of CRP that expires fall of 2020. This will push the income up an additional $9200 bringing total income to over $62000.00 for 2021 and 2022. The farm lays out nice and has solid income. We offer agent coop to qualified brokerages. Online Auction ends September 12, 2019 at 11:00am. Owner will consider pre-auction offers. Call, text or email Donnie McClellan for complete details. 816-752-8880 firstname.lastname@example.org