ALGONA, Iowa (AgPR) — Peoples Company, a national firm specializing in land brokerage, land management, land investment and appraisal services, is pleased to announce that a farm owned by the Schenck family will be made available and sold via public auction in Kossuth County, Iowa. Details on the property may be viewed on a short video at https://fb.watch/
Farmland is a tightly held asset with ownership often transferring from generation to generation and rarely coming up for sale. The auction will consist of 315.19 acres m/l to be sold in two separate tracts on Wednesday, November 3rd, 2021 at 10:00 AM in the Water’s Edge Nature Center located north of Algona, Iowa.
Tract 1 consists of 160 acres m/l with 157.88 FSA cropland acres carrying a CSR2 value of 79.3 Tract 2 consists of 155.19 acres m/l with 149.7 FSA cropland acres, which includes 109.47 acres of row crop acres and a CSR2 value of 86.1. The balance of the FSA cropland acres includes 40.23 acres enrolled in CRP (Conservation Reserve Program).
These tracts would be a great add-on to an existing farm operation, an affordable tract for a Beginning Farmer, or a smart investment for the Buyer looking to diversify their portfolio. There are several competing grain marketing outlets in the surrounding area and a variety of ethanol plants and grain elevators. Any and all farm leases have been terminated and the tracts are open for the 2022 crop year. Tract 1 is located south of Fenton in Section 32 and Tract 2 is located southwest of Burt in Section 34.
Mark your calendars for Wednesday, November 3rd for this opportunity to own Iowa farmland! The land will be sold as two individual tracts on a price per acre basis.
About Peoples Company
Peoples Company is a national leader in land brokerage, land management, land investment and appraisal services. With an industry-leading website, a cohesive team of land professionals, and aggressive marketing strategies proven to drive land sales, Peoples Company has become a top, award-winning agricultural real estate services firm. For more information visit www.peoplescompany.com.
— Peoples Company via AgPR, www.AgPR.com, the news release distribution service for agriculture