Here's a good Nodaway County farm with lots of tillable acres and great hunting potential. It's a good income producer through the cash rent and there has been a good hunting lease in place for the last several years. It has a good cash rent contract for 2018 and 2019 with a solid farmer and the hunting rights are leased for the 2018 season for $5000.00 per year. The total income on the farm is $30,783.00 per year and thats a 5% rate of return!
QR Code Link to This Post
The farm is located six miles West of the town of Sheridan, one mile West of the intersection of US Highway 246 and State Route E.
This tract is unimproved.
2017 taxes were $547.65 on 180.03 taxable acres.
See printable brochure, on our website, for details.
The current owner is not retaining any interest in the mineral estate beneath the surface.
The annual lease brings in $190.00/ tillable acre or $25,783.00/year on 135.7 tillable acres. The current hunting lease brings in $5,000.00/year on 180 acres for a total lease income of approx. $30,783.00.