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157 Acres

Milan, MO 63556

Sullivan County, Missouri

157 Acres

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157 Acres : Milan : Sullivan County : Missouri

Land Description

This 157 m/l acre property in Sullivan County, Missouri, has 106 m/l open acres. 20.8 acres are currently enrolled in the CRP program and 104.7 acres are in the Grassland Reserve Program. The CRP acres are under contract until 2017 and have an annual payment of The 106 m/l open acres are currently in hay and is leased for and will be receiving a GRP payment of for 2015. The 106 m/l open acres have the potential to obtain a cash rent of 160.00 per acre if put into production for the 2016 crop year. This property has one very nice lake and one nice pond located on it and could also achieve a yearly payment of 1,500.00 if leased for hunting. This land has the potential to achieve an annual amount of giving this property a return rate of 5.1%.

Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LANDFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should exercise their own due diligence when purchasing real estate. LANDFLIP is not a party to any portion of the real estate transaction between a buyer and seller on this site. Contact the seller directly regarding this listing.

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