Basics
- Category: Commercial, Sold
- Status: Sold
Description
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Description:
Do the Math! The ROI on this approximately 1250+/- deeded acre property is simple to calculate. It’s all contiguous and all deeded with over 1000 acres of excellent CRP through 2017 with annual payment of $28,750. Additional income from managed haying of CRP and grazing adds to the annual income with established lessee already in place. Improvements offer significant depreciation benefits and compliment the investment should an owner decide to farm after the CRP contracts expires. Improvements include a 5,820 sq.ft. Quonset w/cement floor that is adjacent to newer bins with approximately 35,000 bushels of grain storage capacity. In addition, there are approximately six miles of excellent perimeter sheep fence constructed of woven wire/barbed wire with an estimated replacement cost of well over $35,000. Income from grain storage rental also possible. One of the largest totally deeded properties located just inside the Fort Belknap Reservation in Phillips County with good access from paved highway. Build your own home or live in Malta or Dodson and drive to the farm. Wide open vistas in real Big Sky Country. This one pays. Owner /agent.
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