118th Avenue, Ottumwa, IA 52501

Property Description

This 122 acre Wapello County farm offers dependable CRP income. FSA acres: 124.79. Cropland acres: 107.94. CRP acres: 72.12. CSP acres: 35.82. The CSP acres may be terminated and returned to production for the 2027 crop season. The average CSR2 across the cropland acres is 51.9. CRP contracts: 11915, 8.68 acres, $1,840.00 annual payment; 11603 expires 09/30/2031, 44.11 acres, $10,844.00 annual payment; 11959 expires 09/30/2036, 19.33 acres, $5,057.00 annual payment. Total 72.12 acres, $17,741.00 per year, pending FSA reconstitution. Whether you're looking to expand your farming operation or add to your investment portfolio, this property is an excellent opportunity. Tract acres pending FSA reconstitution and survey.