Wes and Lois Gerk Pivot Irrigated Land Auction - ColoradoSuccessful Auction

Successful Auction – High bid of $1,660,000

Lois Gerk is offering 330.8 +/- acres of Colorado Land for Sale at auction consisting of 250 +/- acres of pivot irrigated, 65 acres +/- dryland, and 15.8 +/- acres CRP.  Located in souhwest Sedgwick County, Colorado, the Gerk property is located 12.5 miles South of Sedgwick, Colorado. The land tenure of the property is level to slightly rolling terrain with primarily Class II with smaller areas of  Class III soils. 2 irrigation wells. Each well is permitted to irrigate 160 acres w/400 acre feet.  2 – Reinke pivots. Irrigation wells and pivots in excellent shape and field ready to operate. Detail brochure includes recent irrigation well efficiency tests and irrigation well and pivot maintenance and upgrades. Existing CRP has a payment @ $36.54 acre with the  contract expiring 9/31/2015. Possession of the property is upon closing. Growing wheat planted on dry farmland corners conveyed to buyer. The Gerk property is located in a productive and highly desirable agricultural farming area. The Reck Agri Realty & Auction bidding format allows all buyers an equal opportunity to participate and purchase land to add to or expand your operation and/or current investment portfolio. Seldom does pivot irrigated land offered for sale in area, once sold, may never again be publicly offered for sale.

PIVOT IRRIGATED: 330.8 +/- Total Acres; 250 +/- acres pivot irrigated, 65 +/- ac dry farmland/rds & 15.8 +/- acres CRP; Legal: N1/2 of 23, T10N, R46W, Sedgwick County, CO;  Location: From I/76/Sedgwick exit (Exit #165), 3.5 mi S on Hwy #59 to CR 16, 4 mi E on CR 16 to CR 23, 1 mi S on CR 23 to NE corner of the property; Property is pivot irrigated with dry farmland corners planted to wheat and 15.8 acres enrolled in CRP; Terrain is level to slightly rolling terrain; Soils primarily consist of Class II w/smaller areas of Class III; Irrigation well permit #19303-FP adjudicated for 400 acre feet to irrigate 160 acres, Irrigation well permit #19302-FP adjudicated for 400 acre feet to irrigate 160 ac;  Irrigation equipment includes 2-125 HP Newman electric motors, 2 - National pumps with Sargent bowls, & 2 Reinke pivots; Call for detail brochure which includes recent irrigation well efficiency tests, well logs, pumping  costs, and irrigation well and pivot maintenance and upgrades; 15.8 acres enrolled in CRP program, contract #174B w/annual payment of $577 @ $36.54/acre, Contract expires 9/30/2015; 65 +/- acres of growing wheat planted on dry farmland corners conveyed to Buyer(s); Possession of property upon closing. FSA base: 260 acres corn, 34 acres wheat, 3.6 acres sunflowers, 9.8 acres barley; MBGMD Assessment: $24; RRWCD Assessment: $3,719.25; R/E taxes: $1,635.74.

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