235 Acres
Lucerne, MO 64655
Putnam County, Missouri
235 Acres
Expired Listing
Ranch Description
This 235 m/l acre property is located East of Newtown, MO. It features 188.8 m/l open tillable acres with the remaining acres being timber. The 188.8 m/l tillable acres have a 3 year contract beginning in 2017 at per tillable acre. The cash rent lease gives this property a guaranteed income of for the next three years! The property also has a annual hunting lease payment. With those contracts already in place this property has an income of and a 5% return rate!
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