$1,687,837 or $11,250 per acre – Under Contract
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
Here is a great opportunity to purchase a farm located in Montgomery county, Grant township, section 33. The farm consists of rolling farmland with terraces and older tile in place. The farm offers 146.06 FSA cropland acres 7.26 of which are in a CP8a CRP program. Contact Nick Skinner for more information pertaining to the CRP contract. An additional 135 – 138 +/- acres are being farmed for the 2024 growing season. The 2024 cash rent income shall be negotiated with any offer( 50-50 share crop). The cropland acres on the farm carry an excellent 76.1 CSR2 value, which is above the county average. This is a great opportunity to add acres to your current operation or diversify your investment portfolio.
Land in south central Montgomery county doesn’t come up for sale often, if you’re in the market to buy farmland in this part of Iowa, you’ll want to give this property a look. Call Land Agent Nick Skinner at 515-650-0974 or Land Broker Cody Skinner at 515-443-6343 today for more information or to request a private showing.
Farm Highlights:
- 150.03 +/- Gross Acres
- 146.06 +/- FSA cropland acres
- 76.1 CSR2 average
- Farm is leased for the 2024 farming season, the buyer to receive full possession March 1st, 2025.
- The 2024 cash rent income shall be negotiated with any offer (50-50 share crop farm lease)
- The farm will be open to the new buyer for the 2025 farming season
- 7.26 +/- CRP Acres, expiring in 9/30/2031. Contact Nick Skinner for more information pertaining to the CRP contract
- Farm access from the north off 270th Street
- Very nice well taken care of farmland
- 8 miles to Red Oak, Iowa
- 11 miles to Stanton, Iowa
- 16 miles to Shenandoah, Iowa
- 60 miles to Omaha, Nebraska
Brief Legal Description
150.03 +/- gross acres located in Montgomery County, Iowa; Grant Township, Section 33. The exact legal description will come from the abstract.
Taxes:
$5,606 +/- Annually Estimated
From Red Oak, Iowa
- Travel south on HWY 48 for 6.9 miles
- Turn left or east on 270th St for 1/4 mile
- For sale signs are located on the property off 270th Street
