First Notice Club
April 15, 2014
Commodity Prices are picking up and so is farm optimism. There is not a better place to invest than quality farmland.
Taylor County – 516 acres, 451.4 tillable acres. 62.9 CSR2. This is an excellent opportunity to purchase a large tract of tillable land with significant conservation improvements. There are 3 grain bins on the property totaling 20,000 bushels of storage. The farm is cash rented for 2014 with split payments, the buyer has the possibility of assuming the second payment if purchased by midyear. There is also 50 acres of recreational land in the SE corner of the property. The farm is located just 3 miles north of Bedford, IA. Priced at $6,900/acre
Boone County – 80 acres, 48.75 present tillable acres, 21.6 acres enrolled in CREP. 66.5 CSR2 on present tillable acres and 77.7 CSR2 on CREP acres. Payments for CREP ground continue until 2019 and are $223.69/acre annually. The farm is located 4 miles north west of Woodward, IA. At the request of the owner this farm will not be listed on our website. If you would like more information regarding this farm, please call our office or send me an email. Priced at $6,562/acre
Clay County – 130 acres, 126.72 tillable acres. 73.8 CSR2. Building site 0.51 acres. Quality farmland tract with a high percentage of tillable land. There is reported to be a good amount of tile with an estimated corn yield around 180 bushels/acre and 50 bushels/acre soybeans. The building site includes a 5,000 bu. grain bin, shed and corn crib. Priced at $8,250/acre.
We feel this is an excellent investment for the investor, farmer or perfect for the self-directed IRA investor.
Gannon Real Estate & Consulting/US Farm Lease
56722 – 241st Street, Ames, Iowa 50010, 515-291-5942