130 acres M/L of farm and recreational land located a couple of miles south of Lake Rathbun in Appanoose County Iowa. Solid investment with over a 4% return at asking price (using a rent of $175/acre over the tillable only). 91.5 FSA tillable acres (mid 40’s CSR), 28 acres of pasture, with the balance in timber. The main field has been terraced and a majority of the fence is new. Approximately 12 acres of the tillable has been seeded down to an alfalfa pasture mix. The 12 acres and several more acres of the pasture could be tilled if the owner wanted to do so. The farm is open for the 2018 year. Great hunting area with abundant deer, turkey, pheasant, quail, and morel mushrooms throughout the property. It is in an area known for producing monster bucks (We see several each year while farming). There are several outstanding food plot locations with large timber tracts feeding into the property. The farm has several water sources including a small pond, a creek on the front half, and a river bordering the back boundary. This farm is a great candidate for enrolling in CRP which with the size of the piece would make a hunter’s paradise. With the hunting/recreation, income, and only being a few minutes from Lake Rathbun this farm offers the perfect balance of someone looking for a combination farm. For sale by owner. $395,000. Serious inquiries only.
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