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Wernsman (Willard) Land SUCCESSFUL Auction 5-2-2017

The Wernsman property sold as the East & West Units and 2 Parcels. HIGH BIDS TOTAL $ 1,577,500


The Wernsman property sold as the East & West Units and 2 Parcels; East Unit: Dryland, Pasture & CRP, brought $610,000 or $979 per acre;  Parcel #3:  Improvementsi, brought $140,000; West Unit: Expired CRP, brought $710,000 or $656 per acre and Parcel #6: CRP, brought $117,500  or $1,030 per acre.  Propertyi sells to 3 buyers. The auction had 62 total attendees. 47 in-house and 15 online viewing the auction. There were 29 registered bidders.

The Wernsman family offered 1,825.8+/- acres of Colorado land for sale at auction. The Wernsman property is located from Sterling, CO, 16+/- mi SW; in  southwest Logan County, Colorado. The Wernsman property includes 210.7+/- ac dryland, 1,007.4+/- ac expired CRP (may be farmed or grazed), 402.3+/- acCRP, 150.5+/- ac pasture 48.3+/- ac grass/rds, and 6.6+/- ac improvement site, home, grain storage, machine shop. This auction provided an opportunityfor Buyer(s) to purchase a variety of properties with multiple uses. The Buyer(s) will have spring possession of expired CRP, CRP, improvements, pasture, & wheat stubble. 100% of the 2017 CRP payments to be conveyed to Buyer(s). 2 CRP contracts expire in 2023 and 1 CRP contract expires in 2020.Annual CRP payments range from $23.33/ac to $39.15/ac. Seller reserves 50% owned minerals for 15 years. Landlord share of growing wheat to Buyer(s).Property was offered for sale in 10 Parcels, 4 Combos, East Unit and West Unit. Parcel size ranged from 6.6+/- ac for improvements, 82+ acres, 160+acres, 240+ acres, 313+ acres, 451+ acres, 622+ acres and 1,081+ acres for expired CRP, CRP, pasture and dryland.

Please see our website for parcel descriptions on the Wernsman (Willard) Land Auction property page or contact Marc or Troy for more information.

Thank You Sellers, Buyers and Bidders.

SUCCESSFUL LAND AUCTION

WERNSMAN (WILLARD) LAND AUCTION
Tuesday, May 2, 2017—10:30 a.m. MT
Reck Agri Auction Center, Sterling, CO

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