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255th Street
Panora, IA 50401-6724
Asking Price
$925K
Asset Type
Agricultural Land
Class
Class B
What's Special
Guthrie County, Iowa Cattle Feeding Operation with Land | 8.26 Acres M/L <ul><li>At the core of the operation is a 43' x 320' hoop building, built in 2016, with eight indoor pens designed for year-round use. The hoop barn provides excellent natural ventilation and lighting, along with 12' concrete feeding aprons, high-capacity high-back feed bunks, metal pipe fencing, and Ritchie automatic waterers shared between every two pens. The barn includes 320 feet of continuous bunk line along the southern side of the building, providing weather-protected feeding strategies
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NOI
$80,000
Cap Rate
8.65%
DSCR
1.46
Strong
Cash-on-Cash
9.04%
Monthly Payment
$4,576.395
Annual Cash Flow
$25,083.256
