Description
Description
BID NOWHigh Point Land Company is pleased to offer this 151.68/- acre, 143.8 tillable of prime Mower County farmland located in Dexter Township just south of Dexter, MN. This farm is as nice as they come with a strong CPI of 92.3 on 143.8+- tillable acres. This property will be offered as a Live Public Auction on December 5th, 2023 at 1PM at the Stewartville Sportsman Club. Online Bidding will be available.
In addition to the A+ farmland, the property also receives generous annual lease payment for two turbines on the south end of the farm. These lease payments, assigned to the new buyers going forward, range from $19,360 in 2024 escalating up to $29,709 in the final year 2048.
This property would make for a great 1031 exchange for anyone looking for the stability of land as an investment or to expand operations of an existing operator. This is very sought-after land in Southern Minnesota that does not come on the market often so don't miss your chance to own this farm for your portfolio.
If you are interested in this property or would you would like more information, please contact Minnesota Land Specialist Troy Stafford at 507-259-3047 or email him at Troy@highpointlandcompany.com.
Property Address:
TBD County Road 7, Dexter, MN 55926
Property Features:
- Very strong CPI of 92.3
- Easy access off County Road 7 (blacktop)
- Pattern-Tiled
Driving Directions:
From Dexter go south for 3 miles on County Road 7 and farm is on the eastside
