Kiser CRP & Pasture

Yuma County, CO 615.25 Acres

Overview

Overview

This property is sold

UNDER CONTRACT!

Two parcels of land approx. 7 miles NW of Vernon, CO. Great opportunity to invest in CRP with several payments remaining on contracts. Parcel 1 – 73.38 ac CRP, 221.87± ac grass; accessible via Co Rd 30 (north), Co Rd X (west). There are three separate CRP contracts on this tract with various expiration dates. Pasture is mostly fenced; Seller is offering $5,000 credit at closing for East boundary fence construction. Parcel 2 – 200.04 ac CRP; 119.96± ac grass. Accessible via Co Rd 29 (north), Co Rd W (west). Level to gently rolling terrain. Stock well w/ submersible pump (needs elec or solar power). No fencing. CRP offers solid rate of return on investment.

Location

  • Yuma County, CO
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Quick Facts

  • Kiser CRP & Pasture
  • Listing # 202129
  • UNDER CONTRACT!
  • Parcel 1 - $215,000
  • 73.38 ac CRP under 3 contracts
  • Annual payments total $3,593/yr
  • Contracts expire 2023, 2025 & 2026
  • All mid-contract maintenance is complete!
  • 221.87± ac native grass
  • Seller offering $5,000 credit at closing for East boundary fence
  • Survey to be completed by Seller
  • Kiser CRP & Pasture
  • County road access on two sides
  • Parcel 2 - $310,000
  • 200.04 ac CRP
  • Annual payment $10,290 ($51.44/ac)
  • Contract expires 2024
  • All mid-contract maintenance is complete!
  • 119.96± ac grass
  • New stock well located on property w/ submersible pump
  • County road access on two sides

Property Details

Property Details

This property is sold Color Brochure

OVERVIEW:

Two parcels of Yuma County, CO land 7± mi northwest of Vernon offering a combination of CRP & pasture. Great investment opportunity with several years remaining on CRP contracts and all mid-contract management practices complete!

LEGAL DESCRIPTION:

Parcel #1 – W1/2 of Section 3 T1S, R45W, Yuma County, CO
Parcel #2 – W1/2 of Section 9 T1S, R45W, Yuma County, CO

ACREAGE:

Parcel #1
73.38± Acres CRP
221.87± Acres Pasture
295.25± Acres Total

Parcel #2
200.04± Acres CRP
119.96± Acres Pasture
320.00± Acres Total

FSA INFORMATION:

Parcel #1 – 14.54 ac Wheat base w/ 34 bu PLC yield; 8.63 ac Corn base w/ 30 bu PLC yield.
Parcel #2 – 8.10 ac Wheat base w/ 34 bu PLC yield; 13.82 ac Corn base w/ 30 bu PLC yield.

STOCK WELLS:

Parcel #1 – None
Parcel #2 – Permit #19098-A – drilled in 2018 to a depth of 354′

MINERAL RIGHTS:

Seller to convey all OWNED mineral rights (believed to be minimal or none).

CRP:

Parcel #1 – Contract #11019D – 17.78 ac @ $36.88/ac ($656/yr), exp. 2025; Contract #10208D – 43.44 ac @ $54.67/ac ($2,375/yr), exp. 2023; Contract #11106C – 12.16 ac @ $46.24 ($562/yr), exp. 2026. TOTAL $3,593/yr.

Parcel #2 – Contract #11004C – 200.04 ac @ $51.44/ac ($10,290/yr), exp. 2024.

POSSESSION:

Seller to retain all October 2020 CRP payments; Buyer(s) to receive all October 2021 and thereafter payments.

R/E TAXES:

Seller to pay all of 2020 R/E taxes due in 2021; Buyer(s) to pay 2021 R/E taxes and thereafter. Estimated 2020 taxes: Parcel #1 – $255.92 // Parcel #2 – $491.48

ASKING PRICE:

Parcel #1 – $215,000

Parcel #2 – $310,000

TERMS:

Good funds at closing.

NOTICE TO PROSPECTIVE BUYER

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assumes no responsibility for the omissions, corrections, or withdrawals. The location and aerial maps are not intended as a survey and are for general location purposes only. The prospective Buyer(s) should verify all information contained herein. All prospective buyers are urged to fully inspect the property, its condition and to rely on their own conclusions. All equipment and improvements are to be sold AS IS-WHERE IS, without warranty, representation or recourse to Seller. Reck Agri Realty & Auction and all other agents of Broker are or will be acting as a Transaction Broker.