225 +/- Acres in Mower County, MN
LIVE LAND AUCTION
Thursday, March 7, 2024 at 10AM
• David Gaskill Trust •
SOLD
Broker: Midwest Property Connections
Agent: Dan Hershberger 319-240-9984
Auction Manager: Sam Hershberger 641-430-3593
Prices Below Include Buyers Premium
Parcel 1: 87.36 +/- Acres; CPI 85.9 ($14,746/Acre)
Parcel 2: 51 +/- Acres; CPI 85 ($13,130/Acre)
Parcel 3: 75.01 +/- Acres; CPI 89.6 ($11,918/Acre)
Parcel 4: 14 +/- Acres; CPI 84.4 $311,080 (Building Site)
Total Sale Price w/ BP $3,162,889.74
Property Address: 62500 120th St., Adams, MN 55909 (Map)
Here is your chance at a great investment opportunity or to add more acres to your farm. This 227 +/- acre farm is being offered in 7 parcels (4-Tracts). With 87.36 acres of farmland, parcel 1 offers a CPI of 85.9. Parcel 2 consists of 51 acres of farmland with a CPI of 85. Next is parcel 3 containing 75.1 acres of farmland with a CPI of 89.6. The building site makes up parcel 4 with a 1980 1,764 sq. ft. home, 52x104 shed, dairy barn, hog confinement building, 5 silos, hoop barn, & other outbuildings sitting on 14 acres. Parcels 5, 6, & 7 are combination options of the proceeding parcels. Call Agent for more info!
Parcel 1: NW Corner 87.36 +/- Acres; CPI 85.9
Parcel 2: SW Corner 51 +/- Acres; CPI 85
Parcel 3: SE Corner 75.01 +/- Acres; CPI 89.6
Parcel 4: Building Site 14 +/- Acres; CPI 84.4
Parcel 5: Combo of P3 & P4 (89.01 +/-); CPI 88.7
Parcel 6: Combo of P2, P3, & P4 (140.01 +/-); CPI 87.4
Parcel 7: Combo of All Parcels (227.37 +/-); CPI 86.8
Terms:
1% Buyers Premium
$20k down per parcel
Remainder Due At Closing