Morgan City Irrigated Farmland
Here we have a working farm that’s irrigated and is well drained. This farm is currently generating 4.2% annual return. The farm is located on the high banks of a big brake with class 1 & 2 soils throughout the property as illustrated through the yield history over the years. This farm produces both soybeans and corn equally with great yields. The property is irrigated by underground pipe reaching all tillable acres with great drainage infrastructure to move water off when needed. In addition to quality soils this property is located in a prime deer and duck area with large tracts nearby managed exclusively for wildlife. The property could be a dual use property either by the owner or lease the hunting to further increase ROI. Lastly, this farm has a renter in place with a year to year lease generating a sizable income for the potential buyer mitigating out of pocket expense. So don’t miss this high quality, highly developed farm located in Leflore County, MS.
200 +/- acres, 195.94 +/- tillable acres, the balance is turn rows and drainage ditches.
SE 1/4 of Section 27, T 17N, R2W + NE 1/4 of Section 34, T17N, R 2W
High Quality Farm Land
Irrigated by Underground pipe
Land formed and Leveled
Versatile farm producing both Soybeans and Corn
All Irrigation pumps in place
Estimated Income: (Call Agent for Details)
Taxes: $4,000/year (2018)
Listing ID#: 1330344