307.56 Acres Woodbury County Iowa

Descriptions

CONTACT AGENT - ED SPENCER, BROKER 402-510-3276

TAXABLE ACRES: 307.56 acres m/l FSA INFORMATION:Farm #: 4883 Tract #’s: 9773 and 9774

TRACT # 9773
Cropland: 181.88 acres CRP Acres: 67.43
CRP Contract Number: 11123B Yearly Payment: $23,911

Contract Expires: 9/30/2025

TRACT# 9774
CRP Acres: 33.62

CRP Contract Number: 11123C Yearly Payment: $11,922

Contract Expires: 9/30/2025
New buyer will assume and abide by the terms of the CRP contracts on both farms.
Buyer will receive the 2023 CRP payment and subsequent payments.
CSR 2: Entire farm has a CSR2 rating of 59.4 per Surety Maps.
Possession: The farm is selling subject to a cash rent lease for the 2023 crop year.

2023 INCOME TO BUYER
CRP Income (2 contracts) = $35,833

Cropland Income = $63,663 Contact Ed Spencer for cropland income breakdown.
Total Income to Buyer for 2023 $99,491 = $351.65 for cropland and CRP acres.
Seller will terminate the lease of the existing tenant, and buyer will receive 2024 possession.