This is a good opportunity to purchase a quality tract of land in Story County and close to Ames and Gilbert. The farm has a good yield with a 209 bu corn yield in 2016.
The owner is offering the land for sale on contract with a required down payment of $200,000 then amortized payments over 20 years with a 10 year balloon and a 5% interest rate. Payment frequency is negotiable.
Brief Legal Description:
The S 1/2 of the SW 1/4 less parcel A in 31-85-24.
On the NE corner of R-38 (Boone-Story County line) and 160th Street.