Type: Company
Price: $1,402,500
Location: Knoxville, Iowa
Address: 505th Avenue, Lovilia, IA, 50150
Zip: 50150
Property size: 11107801 square feet
Condition: Used
For sale by: Broker
Agent: Nathan Ammons
Iowa Investment Property with Income Producing Ag Land, CRP Land & Exceptional Recreational & Hunting Use.
This Monroe County, Iowa 255 /- acre combination farm is located near the borders of Lucas & Marion offering productive ag land currently seeded to alfalfa/hay and CRP with timbered fingers & draws bisecting the farm. 70% of this farm is
income producing w/ 89 /- acres CRP w/ an annual payment of $13,810. The additional income comes from 91 /- open acres carrying a 47 CSR2, a majority being alfalfa with grass hay & pasture acres. This property lays in an area that produces world-class hunting opportunities & is set up with solid access to multiple natural funnels across the farm.
Timbered draws break up the farm perfectly & offer several smaller & larger fields, all of which create major travel corridors & offer edge habitat for hunting multiple winds. This Iowa Land offers true investment potential with sustainable income and long-term trophy hunting potential. Copyright © 2023 Southeast Iowa Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.