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$ 175,000
Est. payment | /mo
$ 175,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11775967
Property Description
Washington County, CO 160 (East) Here is an opportunity to purchase a prime quarter of cropland with a written cash lease agreement. Currently there are approximately 160 acres of tillable cropland that is cash leased to a local tenant for $40 per acre with tenant rights until the end of 2030. The tillable cropland consists of mostly Platner Loam, 0 to 3 percent slopes Class 4 soils with good proven crop yield history. Hunting opportunities include Deer, Antelope, Upland Birds, and Small Game. With the written cropland cash lease paying approximately $6,400 annually plus the potential for additional income from a hunting lease this diverse property is ideal for about any type of buyer offering over a 3.6% annual ROI (Return on Investment) based on the asking price. Average Contact the Listing Land Professional today for more information or to schedule a showing on this great recreational & investment property. ***Showings by appointment only*** Property Details: - Located south of Platner, CO - Cropland with written 5-year cash lease agreement - Mostly level Class 4 tillable soils - Good annual ROI (Return on Investment) - Hunting opportunities - Low Taxes Driving Directions: From Akron, CO take Highway 36 east for approximately 4.25 miles until you come to County Road GG then turn right going south for about 1.25 miles until you reach County Road 30 then turn left going east for 3 miles until you reach County Road KK5 then turn right and go 1 miles south until you reach the northwest corner of the property.
Location
State CO
County 08121
Rooms
Kitchen 0







