Rathbun Lake area recreational tract with income and future building site potential. 30 +/- acres, subject to survey, located just south of Moravia, Iowa, near Rathbun Lake. This income producing Iowa property offers future home or cabin building sites, recreational opportunity and a solid return on investment. Appanoose County recreational properties of this size are hard to find, especially with a solid income stream to support the payment. This Appanoose County land for sale offers rolling terrain with beautiful views and CRP native grass; all within 1-2 miles of Rathbun Lake and ½ a mile from paved Hwy 5. Nearly all open acres on this property are currently in CRP with an estimated annual payment of $3,918 on 19 acres (subject to survey and FSA reconstitution). This Appanoose County, Iowa investment and recreational land offers great potential with a recreational and investment opportunity. More acres available on contiguous land, call for details.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
