For Sale: Claremont MLS# 6575201
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Property Description
Attention savvy investors! This exceptional property presents a prime investment opportunity with 148.6 acres enrolled in the RIM (Reinvest in Minnesota) program, generating substantial annual payments of $48, 864 to the owner through September 2035. This represents a strong return on investment, making it a lucrative choice for those seeking stable income. Located in a highly desirable area, this property also features a rare find—a buildable site situated on the northeast corner. Such opportunities are hard to come by in this area, adding value to the investment. Beyond its financial benefits, this property boasts excellent upland game and deer hunting prospects. Surrounded by agricultural land and bordered by some timber to the West, it serves as a natural haven for wildlife, with deer frequently traversing the landscape. A drainage ditch running through the property provides essential water sources, enhancing its appeal for hunting enthusiasts. Whether you're considering a 1031 exchange or aiming to diversify your investment portfolio, this property offers compelling advantages. Additional land is available, allowing for further customization and expansion of your investment strategy. Don't let this opportunity pass you by. Contact Bob today to arrange your exclusive private showing and secure your stake in this exceptional investment property.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$870,000
Property Type:
Lot/Land
City:
Claremont
County:
Dodge
State:
MN
Property Style:
Lot/Land
Zip Code:
55924
Lot & Land
Acres:
162.75
Geolocation:
44.0333957992, -93.0286686169
Inclusions:
None
Lot Dimensions:
0
Addl Parcels:
090320500
Restrictions:
None
Zoning:
Agriculture
Farm
Topography:
Gently Rolling, Level
Schools
School District:
2125
District Phone:
507-374-2192
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$450
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$450
Association Fee Required:
No
Miscellaneous
Development Status:
Raw Land
Improvements:
None
Available Utilities:
- None Available
- None Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Whitetail Properties Real.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.