Attention savvy investors! This exceptional property presents a prime investment opportunity with 148.6 acres enrolled in the RIM (Reinvest in Minnesota) program, generating substantial annual payments of $48,864 to the owner through September 2035. This represents a strong return on investment, making it a lucrative choice for those seeking stable income. Located in a highly desirable area, this property also features a rare find—a buildable site situated on the northeast corner. Such opportunities are hard to come by in this area, adding value to the investment. Beyond its financial benefits, this property boasts excellent upland game and deer hunting prospects. Surrounded by agricultural land and bordered by some timber to the West, it serves as a natural haven for wildlife, with deer frequently traversing the landscape. A drainage ditch running through the property provides essential water sources, enhancing its appeal for hunting enthusiasts. Whether you're considering a 1031 exchange or aiming to diversify your investment portfolio, this property offers compelling advantages. Additional land is available, allowing for further customization and expansion of your investment strategy. Don't let this opportunity pass you by. Contact Bob today to arrange your exclusive private showing and secure your stake in this exceptional investment property.
Property Features:
- Buildable spot in NE corner overlooking the property
- Current CREP Payment per year is $48,864 and runs through Sept 2035
- Solid cover for upland game, deer and waterfowl
- Excellent opportunity for a 1031 exchange
- Property is surrounded by ag land making this a bedroom for wildlife
- Quick drive to Rochester, Owatonna or the Twin Cities