Description
High Point Land company is honored to present the unique opportunity to purchase the ultimate riverside recreational retreat within the city limits of Decorah, Iowa. This property has the 3 features that many have searched for - fantastic location, Upper Iowa River Access, and income generation. To be able to purchase a property with these benefits within this highly desired community may truly be a once in a lifetime opportunity.
Located at the end of the popular 5th Avenue in Decorah, this property sits along the banks of the pristine Upper Iowa River. Consisting of 22.61 Net taxable acres, with 17.10 acres currently enrolled in income generating CRP contracts producing $3,897 annually. The timing to purchase this property could not be better, as these contracts expire 9/30/2024 allowing for these acres to either be re-enrolled at an increased rate ($5,130 Annually), or cancelled, allowing the new owners to be free from the requirements of a CRP contract.
Regardless of whether the CRP contracts are continued, the legacy created by these tree plantings will continue to live on and benefit the future owners for years to come. With a strong mix of hardwoods and native trees, this maturing timber provides for an incredible setting with many possibilities.
Upper Iowa River frontage is rarely available, and the proximity to downtown Decorah makes this opportunity one of a kind.
Property Address: TBD 5th Ave, Decorah, IA 52101
Property Features:
- Located on 5th Ave
- 17.10 Acres enrolled in income generating CRP
- Upper Iowa River Frontage
- Excellent proximity to downtown Decorah
Driving Directions: From Downtown Decorah, head West on 5th Ave and as you gross the green Bridge, the property will be on the North side of the road.
