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M & M Real Estate LLC Land Auction RESULTS!

LAND AUCTION RESULTS...
AUCTION  HIGH BIDS of $1,555,000 see details...

M & M Real Estate LLC Land Auction w/reserve
Tuesday, February 27, 2018
Country Inn & Suites, Sidney, NE

TRACT            BID                PP/AC
Parcel #1        $830,000        $1,591    
Parcel #2A     $340,000         $1,052    
Parcel #2B     $245,000            $825    
Parcel #3        $140,000           $870    

Propertyi sells to 4 buyers as 4 Parcels. The auction had 81 total attendees. 64 in-house and 17 online viewing the auction. There were 28 registered bidders.

M & M Real Estate LLC offered their 1,301.8+/- acres of Nebraska land for sale at auction. The property offered for sale included 1,019.1+/- acres dryland, 248.3+/- acres pivot irrigated, 6.4+/- acres expired CRP, and 28.0+/- acres rds/grass. The parcels are located 12 - 15 mi W of Dalton, NE in NW Cheyenne & SW Morrill Counties. Possession of wheat stubble and pivots is upon closing and possession of growing wheat is upon 2018 harvest. 534.5+/- acres is planted to Clearfield wheat and the landlord share of growing wheat to be conveyed to Buyer(s). 490.8+/- acres is wheat stubble. 248.3+/- acres is irrigated by 2 Valley pivots with one irrigation well. There are 248.5 certified South Platte NRD acres with 31.64” remaining within the 2018 allocation. The dryland soils are predominantly Class II & III soils with the pivot irrigated soils being predominantly Class I with areas of Class II. The M & M Real Estate, LLC property was offered in 4 Parcels, 1 Combo, N Dryland Unit, and Single Unit. The improvement site on the property is subject to a life estate. This property is situated in the highly productive area known as the Dalton Table. 

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Please see our website for parcel descriptions on the M&M Real Estate LLC Land Auction property page or contact Marc or Troy for more information.

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