Cross Property - Norwalk, IA
Attention Hunters & Investors! Here is your opportunity to own 158 acres m/l just south of the Des Moines metro area with a BIG return on your investment at Apx 4.4%! Apx 118 acres are enrolled in a CP23 wetlands continuous CRP contract until 2026 at $259.70 an acre. Apx 19 acres are enrolled in a CP21 filter strip continuous CRP contract expiring in 2018. These acres should be re-enrolled without an issue. Estimated gross income is $33,764 & that number should go up with the re-enrollment of the CP21 at an increased contract price. The balance of the property is timber & drainage ditches following the North River valley. Waterfowl, deer, turkey, fishing & recreational opportunities. This farm land is in the middle of a large section with no public road access giving you seclusion. Access to the property is 1/4 mile north through a locked gate on a level C road. Several shallow wetlands have just been established & seeding completed in Fall 2017 for the new CP23 wetlands program.
Would you like more information regarding this property?
Please call (515) 279-6700.
Data Provided by:
Des Moines Area Association of REALTORS, Inc.