Johnson Co., IA - 20.42 Ac., m/l (010-2183-01)

SALE PENDING - Johnson Co., IA - 20.42 Ac., m/l (010-2183-01)

High-Quality, Income Producing Johnson County Farm!
  Documents

SALE PENDING!

Troy Louwagie

Location Information

County
Johnson
State
Iowa
Address
Highway 6
Nearest City
Downey

Acreage Details: 20.42 (Acres, m/l)

Soil Productivity Rating
91.00 CSR2
Tillable Acres
19.08

20.42 acres, m/l, located 5 miles southeast of Iowa City, Iowa along Highway 6.

This level to gently rolling farm has an estimated 19.08 acres currently in production with a CSR2 of 91.00.

This property includes income from a cell tower lease that pays approximately $7,640.00 per year with a 2% increase per year.  The current lease if for 25 years with an option for an additional 15 years.  Contact agent for lease agreement.