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Appanoose County Investment & Recreational Property

County: Appanoose
465th Street, Centerville IA 52544
$595,000
DJI_0005 copy New

Property Description

Great investment and return farm for sale in Appanoose County, Iowa. Located in northern Appanoose County, this 159+/- acre investment and recreational property is located just off Highway 5 between Moravia and Centerville, north of the Chariton River bottom. This Iowa investment land offers 159 acres of rolling ag land with a majority currently enrolled in the Conservation Reserve Program (CRP). Predominate soil types across the farm are Pershing and Armstrong and the 125 open acres offer a 43.6 CSR2. Currently the 124.59 acres of CRP from two contracts brings in $21,203 annually for a great return on investment. The largest CRP contract contains 116.52 acres and expires 9-30-2027; the smaller contract 8.07 acres expires 9-30-2022. This property also offers modest hunting opportunity with habitat for wildlife from the mix of CRP native grasses and modest amount of brush/timber. Lastly, this Iowa investment property offers future home or cabin sites just off a paved highway and within 5 miles of the Rathbun Lake Dam.

Property Details

Key Features

  • Iowa Land for Sale
  • Appanoose County Investment Property
  • Appanoose County Iowa Land
  • Hunting Land for Sale
  • Iowa Hunting Land
  • Rathbun Lake Property
  • Land for Sale