Union County, IA
280.47 Acres M/L

Quail Avenue / 170th Street |
Afton, IA 50830 |
Listing #15608

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$1,350,000

Property Info

Description

Peoples Company is pleased to present 280.47 acres m/l of diverse Union County, Iowa land located just northeast of Afton, Iowa. This combination property offers abundant recreational opportunities combined with a strong ROI with over 85% of the acres on this southwestern Iowa property producing an income through the Conservation Reserve Program (CRP) and pasture rent. The balance of this property includes blocks of timber, fenced timbered draws, and four different ponds for water sources. Located in big buck country with great genetics, fertile habitats, and short commutes from both the Omaha and Des Moines Metros, Union County has been a proven producer for trophy whitetail deer. The variety of habitat offering food, cover, and water yields a healthy population of wild game including deer, turkey, pheasant, quail, and waterfowl. Property has good access from both the west and south side of the property.

There are 241.05 acres producing an annual income of over $42,000 from the four CRP contracts and Pasture Rent providing a solid return on investment:
  ●  17.20 acres enrolled in CP29 Marginal Pastureland Wildlife Habitat Buffer, Annual Payment of $1,148
  ●  25.59 acres enrolled in CP38E-2 & 12 Iowa Pheasant Recovery SAFE, Annual Payment of $4,020
●  76.62 acres enrolled in CP42 Pollinator Habitat, Annual Payment of $22,267
●  121.64 acres enrolled in CP88 Permanent Native Grasses and Legumes, Annual Payment of $5,717
  ●  Pasture rent income of $9,000 annually
*See Attached CRP Map showing the location of each contract. Contact agent for additional information on any of the CRP contracts and their requirements.

Improvements include over six miles of “horse-high and bull-strong” barbed wire fence, multiple gravity-fed livestock waterers (see attached Fence Map), four ponds distributed throughout the property, and fenced riparian buffers with controlled stream crossings for grazing livestock. *Note: Seller is in the process of repairing a pond dam, overflow pipe, and adding livestock fencing around a pond. These improvements increase the utilization of the cool-season grass forages across the pasture acres. Beautiful sunset views overlooking the Two Mile Creek corridor make this an excellent spot to consider building a home or cabin for the ultimate weekend getaway. A vast array of recreational activities including fishing, hunting, swimming, boating, camping, target shooting, canoeing and kayaking await nearby at two of the premier fishing lakes in the state, Three Mile Lake and Twelve Mile Lake. Savvy anglers travel far and wide to pursue the Muskellunge, Walleye, Large- and Smallmouth Bass, Crappie, Bluegill, and Catfish that call these lakes home. This nearly 100% income-producing farm is located only one hour southwest of the Des Moines Metro along Quail Avenue and just three miles northeast of Afton, Iowa in Section 2 of Union Township.

*Note: All personal property (tree stands, box blinds, and farm machinery) are excluded from the sale of the real estate.

Legal Description

The Southwest Quarter (SW 1/4) EXCEPT the West 5 acres of the North Half (N 1/2) of the Northwest Quarter (NW 1/4) of the Southwest Quarter (SW 1/4), AND Parcel A in the Northwest Quarter (NW 1/4) of the Southwest Quarter (SW 1/4), AND Parcel A of the Southwest Quarter (SW 1/4) of the Southwest Quarter (SW 1/4); AND the Northwest Quarter (NW 1/4) all in Section 2, Township 72 North, Range 29, West of the 5th P.M., Union County, Iowa. Exact legal description to be taken from Abstract.

Directions

From Afton, Iowa: Travel out of town on N Douglas Street, which becomes Palomino Drive, for nearly 2 miles. Turn right (east) onto 170th Street for approximately 0.25 mile and turn left (north) onto Quail Avenue and continue for approximately 1 mile. The farm is located on the east side of the road. Look for the Peoples Company signs.

Sign On Property: Yes
MLS Number: 633748
Parcel Number: 0702100001; 0702100002; 0702100003; 0702100004; 0702300006; 0702300003; 0702300009; 0702300010
School District: East Union Community School District
General Area: Northeast of Afton, Iowa
Gross Taxes: $3,968.00
CSR2: 58.30
Possession: At Closing, Subject to Tenant's Rights
Terms: Cash / Conventional

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