229 Old Martin Chapel Road

SOLD

Price: $649,900.00


105 Acre Farm


A rare sized parcel in Sumner County! Most tracts of this size are going to be wooded hills and little road frontage. This 105 acre tract consists of 73 acres of rented crop land and over 1000′ of road frontage. There is a rented single-wide and a doublewide where the landowner lives. There is a large 40×80 building on the property as well. $200 per crop acre annually. Rent the 2 residences out for an estimated $500 and $900 each. That is $16,800 per month of income

Motivated seller-Property has become too large due to health issues.  This is an excellent option for someone looking to do a 1031 exchange.

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From I-65N Exit 117 right on Hwy 52 for approx. 8 miles, left on N. Corinth Road, left on Hwy 259, right on Cook Road, left on Martin Chapel Road, straight on Old Martin Chapel Road to site on the left.

Contact: Wally Gilliam Realty & Auction

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