Farm Location: 3 miles northwest of Morgan or 1 mile south of Gilfillan Estate. Township gravel road 260th street is along the north side of Tract #1. County Road 13 runs along east side and township gravel road 270th is along the south side of Tract #2.
157.70 acres (more or less)
Farm Information: Here is an opportunity to purchase excellent quality and highly productive farmland. These farms have great eye appeal as the topography of the land is level to gently rolling. Farms have excellent farmability and would be an excellent addition to any farming operation or investment portfolio. Both farms contain a considerable amount of internal tile drainage. Another benefit to these farms is there is a high percentage of tillable land with minimal road and ditch right of way to purchase.
Tract 1- 80 acres: W ½ NE ¼ Section 18-111-34 (Morgan Twp) Asking Price Range: $8,600-$8,975/acre
This prime quality farm contains 80 deeded acres which consists of 79.4 FSA tillable acres. The farm has excellent farmability and an above average Crop Productivity Index (CPI) rating of 92.5.
Tract 2- 77.7 acres: Pt E ½ SE ¼ Section 1-111-35 (Three Lakes Twp) Asking Price Range: $7,950-$8,450/acre
This excellent quality farm has approximately 77.70 deeded acres which contains 77.21 tillable acres with the balance in road and ditch right of way. This farm is gently rolling and has an above average CPI rating of 92.1
Tract 3- combined unit-157.7 acres: W ½ NE ¼ Section 18-111-34 (Morgan Twp) and Pt E ½ SE ¼ Section 1-111- 35 (Three Lakes Twp). Asking Price Range: $8,280-$8,720/acre
Terms: Farms can be sold as a complete unit (Tract 3) or as separate tracts. 15% earnest money will be due upon signing a purchase agreement. Possession would be available after the harvest of the 2017 crop or after closing, whichever is later.
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.