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Highly Tillable 115 Acres

Milan, MO 63556

Sullivan County, Missouri

115 Acres
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Land Description

This is a highly tillable farm located in Sullivan County, MO. The 115 m/l acre property has 101 m/l open acres. The open acres currently have a CRP contract in place for the next 2 years. The CRP contract is paying $90.00 an acre giving the farm a yearly income of $9,090.00 and a return rate of 3.3%. Once the CRP contract is up this farm could be cash rented for $150.00 per acre. Cash renting the farm would produce a yearly income of $15,150.00 and a return rate of 5.5%!

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