00000 cr 2900 N/A

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00000 cr 2900 N/A

Elk City, KS 67344
Asking Price
$205K
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The offering includes 59.77 acres of Kansas farm land.
  • This parcel is listed for sale at $205,000.
  • The property is situated in the city of Elk City.
  • The land is located within Montgomery County in Kansas.
  • This acreage is suitable for diverse agricultural and ranching uses.

What's Special

Priced at $205,000, this 59.77-acre farm in Elk City, Kansas, represents a significant land holding within the region. The property provides substantial acreage suitable for agricultural operations, grazing, or long-term land banking strategies. Situated in the rural landscape of Montgomery County, this parcel benefits from the expansive character of the Kansas plains, which serves as a foundation for diverse farming and ranching activities. The geographic positioning allows for private development or expansion of existing agricultural portfolios in a quiet, open-market setting. Investors and local producers will find the scale of this acreage appropriate for traditional row cropping or livestock management. As the local market continues to support regional agricultural production, this asset offers a straightforward acquisition for those looking to expand their land base in the heart of the state. Its open topography provides functional utility for various farming configurations, catering to owners who prioritize space and soil resources for their commercial interests.

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NOI
$80,000
Cap Rate
39.02%
DSCR
6.57
Strong
Cash-on-Cash
110.29%
Monthly Payment
$1,014.228
Annual Cash Flow
$67,829.262

Location & Travel Times