Prime hunting land with income and a picturesque setting close to Marshall yet secluded enough to offer good privacy.
Location: From Marshall, MN- 1 mile south on Hwy 59, 2 miles east on CR 6, & 1 ½ miles south on 240th St.
Legal Description: Part S ½ Sec. 25 & Part NE ¼ Sec. 36, Twp 111N, Range 41W. (Lake Marshall Twp), Lyon Co, MN.
Suggested Sale Price: $397,000 (approximately $1,435/Ac.)
Property Description: 276.51 Deeded Acres (more or less) with a combination of 247 acres of Reinvest in Minnesota (RIM) land with prime deer, pheasant, and waterfowl hunting land along with 15.65 cropland acres, and 10.21 CRP acres. In addition, the CRP acres would be a picturesque setting for a future new house ite that would be only minutes away from Marshall. Possible split of sale for building site.
11.7 acres of cropland is leased for the 2018 crop season, 3.95 acres of cropland is used for food plots along with additional food plots on the RIM land. The CRP contract is for a total annual payment of $1,273.57/year until 9/30/2023. The income from the leased cropland and CRP more than paid the 2018 Real Estate Taxes of $2,432 (Non-Homestead Rate) and property maintenance. Seller will pay 2018 Real Estate Taxes and receive 2018 rent and CRP income.
The excellent hunting land is part of a prime wildlife corridor adjacent to a large wildlife area and Lake Marshall in an isolated location with few public roads. The land has been managed for many years to promote wildlife by restoring wetlands, seeding native grasses, planting 10 acres of trees, and planting food plots to provide excellent cover, nesting areas, and food sources for all game animals. Please give us a call to tour and fully appreciate this magnificent property.
Buyer will have possession at closing subject to current cropland lease. Cash or seller approved contract for deed sale. Sellers will cooperate with 1031 buyers. 15% Earnest money required upon signing purchase agreement.
This information provided herein is received from other sources and is believed to be correct. NORTHWESTERN FARM MANAGEMENT COMPANY, BROKER does not warrant its accuracy. We strongly suggest you contact the appropriate sources to confirm this information.