McLaren Farm

650th St and Quincy Rd, Cumberland, IA 50843 | Listed at $600,000

Town: Cumberland
County: Cass
State: IA
Taxes: $3,106
Terms: Cash, payable at closing
Land Use: 41.6 Eff. Tillable, 61.6 CRP (FSA)
Income: 21,437
Possession: subject to tenancy - may release
Tillable Acres: 41.60
CRP Acres: 61.60
CRP Description: $12,837.36 annual CRP income, as follows: •21.77 acres at $180.06/acre for $3930, expiring 09/30/2022; •28.18 acres at $207.91/acre for $5859, expiring 09/30/2023; •7.57 acres at $300.00/acre for $2271, expiring 09/30/2032; •4.08 acres at $190.53/acre for $777.36, expiring 09/30/2030. (FSA)
CSR Description: CSR1 - 58 - CSR2 64.1 (Surety)
Long-time family owned farm with some strong income. Some very good soils, plus added benefits of some quality hunting. Farm has a superb tenant in place, or the tenancy will be terminated for farmer owner in 2021. Give Tom a call, 712-621-1281, on this quality investment.
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Presented by:
Thomas Miller | 712-621-1281
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