HGM Partnership Land Auction

Yuma County, CO 330.1 Acres

Overview

Overview

This property is sold

Successful Auction! Auction High Bid $705,000.

The HGM PARTNERSHIP LAND AUCTION has been rescheduled, converted to an ONLINE ONLY LAND AUCTION with Reserve, and is being sold as one parcel with no combinations. STARTING BID: $550,000. This property is located 2 miles E and 1/2 mile north of Clarkville, CO in northern Yuma County. 330.1+/- total acres; 238.0+/- acres irrigated by 2 – 8 tower Reinke pivots; 67.3+/- acres CRP, $3,328 annual pmt @ $49.48/ac, expires 9/30/2023; Possession for the 2020 crop season to Buyer(s). 100% of the 2020 CRP payments to be conveyed to Buyer(s). The irrigated acres are eligible to be enrolled in CREP program if irrigation well is idled, planted to grass and paid @ $212/irrigated acre/year ($50,456) for 15 years and supplemental RRWCD CREP payment of $6/irrigated acre/year ($1,428).

STARTING BID: $550,000.

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Location

  • Yuma County, CO
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Quick Facts

  • HGM PARTNERSHIP LAND AUCTION RESCHEDULED TO
  • ONLINE ONLY | TIMED LAND AUCTION WITH RESERVE
  • Bidding begins: Monday, April 20th @ 8:00 am
  • Bidding closes Wednesday, April 22nd @ noon
  • PROPERTY TO OFFERED AS ONE PARCEL WITH NO COMBINATIONS
  • STARTING BID: $550,000
  • 330.1+/- acres
  • 238.0+/- ac pivot irr
  • 67.3+/- ac CRP
  • 24.8+/- ac grass/rds
  • Irr well, 150 hp motor, pump
  • 2 - 8 tower Reinke pivots
  • CRP payment - $3,328 @ $49.48/acre, Expires 9/30/2023
  • Irr acres eligible for CREP program w/payment of 238 ac @ $212/ac = $50,456/year for 15 years
  • Irr acres are eligible for supplemental RRWCD CREP payment of 238 ac @ $6/ac = $1,428/year for 15 years
  • Located from Clarkville, CO, 2 mi east, 1/2 mi N
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Property Details

Property Details

This property is sold Color Brochure Detail Brochure Bidder Approval Request

PARCEL INFORMATION

Page numbers on the descriptions below refer to the Detail Brochure which can be found on the property web page.

LEGAL DESCRIPTION: A tract in E1/2 of Section 15, Township 5 North, Range 47 West, SE1/4 of Section 10 and a tract in NE1/4 of Section 15, Township 5 North, Range 47 West of the 6th PM, Yuma County, CO.
See Pages 15-37 for legal description, title commitment, and title exceptions.

ACREAGE:
253.7+/- Acres Pivot Irrigated
67.3+/- Acres CRP
9.1+/- Acres Grass
330.1+/- Total Acres

LAND TENURE: Soils consist mainly of Platner loam.
See Soils Map on Page 6.

TAXES: 2019 real estate taxes payable in 2020: $3,692.28
2019 RRWCD Assessment: $2,455.40

FSA INFORMATION: FSA bases: 248.2 ac corn w/150 bu PLC yield. CRP contract #10187A w/annual payment of $3,328 @ $49.48/acre; Contract expires 9/30/2023. See Page 14 for copy of contract.

IRRIGATION WATER & EQUIPMENT: 150 GE electric motor, pump, 8 tower Reinke Pivot (North), Model 2065, 2,926 hrs, 8 tower Reinke (South) pivot Model 2065, 12,554 hrs. Irrigation Well Permit #20291-FP (Amended) adjudicated for 650 ac ft to irrigate 320 ac, See Pages 11-12 for latest well test & repair. See Pages 7-10 & 13 for copies of final well permit, well logs, and water map.

COMMENTS: 238 irrigated acres are eligible to be enrolled in CREP program upon idling the irrigation well and the irrigated acres to be planted grass. The CREP payment would be $50,456/year ($212/ac) for 15 years and the supplemental RRWCD CREP payment would be $1,428/year ($6/ac) for 15 years. Enrollment into this program is subject to the terms and conditions of the CREP program and approval from FSA.

STARTING BID: $550,000

Register for online bidding in advance. Download Reck Agri app from Apple App store or Google Play OR visit www.reckagri.com