jeudi 25 juin 2015

Iowa land... steady to lower.

Parcel 1- 80 acres, CSR 84.8, no waterways, $10,300/acre or $121.46/CSR point.

Parcel 2- 115 acres, CSR 81.3, good grass waterways, crop land 110.36 acres, $9050/acre or $111.32/ CSR point.

These were side by side parcels offered for sale last fall at $12,500/acre. Both sold to outside investors. Parcel 1 is on par for ground that sold 6 month ago, parcel 2 is 8-9% lower.

Interesting that investor money is stepping back in.
Iowa land... steady to lower.

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