OverviewThis property is sold
SOLD! PIVOT IRRIGATED UNIT $875,000 OR $6,730 PER IRRIGATED ACRE
Color Brochure, Visual Tour, Google Map and Digital Brochure below
Quick Facts…Web page is updated frequently before auction day.
Knaus Farms, Inc., is offering their 160 acres of Colorado pivot irrigated land for sale at auction. Located 4.5 miles east of Clarkville, CO in north central Yuma County, CO, the Knaus Farms, Inc., property includes 130.0+/- acres of pivot irrigated with 25.5+/- acres dry corners. Possession upon closing. Seller to convey owned mineral rights which includes 3 producing gas wells. Irrigation equipment includes 8 tower Valley pivot with 150 hp U.S. Electric motor. Irrigation well #13880-FP adjudicated for 400 AF to irrigate 160 acres. Level terrain with Class II soils. 10,000+ bu grain bin.
PIVOT IRRIGATED: 160.0+/- Total Acres; 130.0+/- ac pivot irrigated, 25.3+/- ac dryland corners, 4.7+/- ac grass/rds; Legal: SE1/4 of 18, T5N, R46W; Location: From Clarkville, CO, 4.5 mi E on CR 57 to SW corner of the property; Terrain is level with highly productive Class II soils; Irrigation Well Permit #13880-FP adjudicated for 400 ac ft to irrigate 160 ac; Irrigation equipment includes 150 US electric motor w/pump & 8 tower Valley pivot; Seller to convey owned mineral rights which includes 3 producing gas wells; Call for detail brochure with complete description of equipment, well logs, and recent irrigation well efficiency test; FSA base: 126.9 ac corn w/130 bu PLC yield; WYMD Assessment: $20; RRWCD Assessment: $2,247.50; R/E taxes: $1,082.78.
BUYERS’ INFORMATIONAL VIDEO
To view video, visit www.reckagri.com, click on KNAUS FARMS, INC. PIVOT IRRIGATED LAND AUCTION for an explanation of the property information and auction bidding process. Video available after November 23, 2015.
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SALE TERMS/PROCEDURE: The “KNAUS BROS., INC. PIVOT IRRIGATED LAND AUCTION” is a land auction with RESERVE. The Knaus property to be offered as a single parcel. Competitive bids will determine outcome of auction and the Seller to enter into a contract to purchase with the highest bidder(s). Seller reserves the right to accept or reject any and all bids. Seller agrees not to accept and negotiate any contracts to purchase prior to auction date. Bids will be taken for total purchase price not price per acre.
SIGNING OF PURCHASE CONTRACT: Immediately following the conclusion of the auction, the highest bidder(s) will sign Brokerage Disclosure and will enter into and sign a Contract to Buy and Sell Real Estate (Land) for the amount of the bid. Required earnest money deposit to be in the form of a personal, business, or corporate check for 15% of the purchase price which is due upon the signing of the contract and to be deposited with Reck Agri Realty & Auction. Purchase contract will not be contingent upon financing. Terms and conditions of the detail brochure and oral announcements shall be incorporated and made a part of the contract. Sample contract is available within the detail brochure.
CLOSING: Buyer(s) shall pay in electronic transfer funds or cashier’s check (Good Funds), the balance of purchase price plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before January 7, 2016. Closing to be conducted by Yuma County Abstract and the closing service fee to be split 50-50 between Seller and Buyer(s).
TITLE: Seller to pass title by Warranty Deed free and clear of all liens. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s). The Buyer(s) to receive a TBD title commitment within detail brochure, updated title commitment with Buyer(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner’s title insurance policy in an amount equal to the Purchase Price after closing. Property to be sold subject to existing roads and highways; established easements and rights-of-way; prior mineral reservations; and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review within the detail brochure and at the auction and title commitment and exceptions will be incorporated and made a part of the Contract to Buy and Sell Real Estate (Land).
POSSESSION: Possession of property upon closing.
PROPERTY CONDITION: The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller.
WATER RIGHTS & EQUIPMENT: Seller to convey all Seller’s water rights, water wells, well permits, and equipment appurtenant to the property whether for irrigation, domestic or livestock use, including but not limited to well permit #13880-FP. The water rights are subject to the rules, regulations, and limitations of the Colorado Department of Water Resources, Local Groundwater Management District, and the Republican River Conservation District. Water rights are being sold AS-IS- WHERE-IS without warranty or guarantee of any water right matters, pumping rates/adequacy of irrigation wells and condition of all irrigation equipment.
GROWING CROPS: No growing crops
FSA DETERMINATION: FSA base acres and yields to pass with the Parcel as designated within the detail brochure. Buyer(s) and Seller, at closing, to sign a memorandum of understanding stating the base acres and yields as designated within the detil brochure.
REAL ESTATE TAXES: 2015 real estate taxes due in 2016 to be paid by Seller. 2016 real estate taxes due in 2017 and thereafter to be paid by Buyer(s).
LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any.
MINERALS: Seller to convey all OWNED mineral rights and the rights to 3 producing gas wells to Buyer(s).
NOXIOUS WEEDS: There may be areas infested by noxious weeds, (i.e. rye, bindweed, canadian thistle, rye, goat/Johnson grass, etc). The location of and the density of noxious weeds is unknown at this time.
ACREAGES: All stated acreages in the initial brochure, detail brochure, and visual presentation at the auction are approximate and are obtained from aerial photos from the FSA office. The county tax records may indicate different acreages and no warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel without regard to exact acreage. There will be no adjustment in purchase price if acreage is different than what is stated in this brochure and/or stated at the auction.
BIDDER REQUIREMENTS: Prior to auction, Buyer(s) to review the terms and conditions as set forth in the Detail Brochure. Detail Brochure may be obtained by visiting auction property page at www.reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.
A DETAIL BROCHURE is available upon request and is REQUIRED to bid at the auction, via cell phone, or online bidding. It includes the terms and conditions of the auction, pertinent facts, title commitment, and Contract to Buy and Sell Real Estate (Land). For additional color photos visit the “KNAUS BROS., INC. PIVOT IRRIGATED LAND AUCTION” Visual Tour on our website: www.reckagri.com.
COPYRIGHT NOTICE: Photographs, video tapes, and Color & Detail Brochures are property of Reck Agri Realty & Auction and cannot be reproduced without permission. Auction photographs may be used by Reck Agri Realty & Auction in publications, marketing materials, and on its website.
ANNOUNCEMENTS: 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 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 bidders 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 Transactional Broker. Announcements made by Reck Agri Realty & Auction, at the time of sale will take precedence over any previously printed material or other oral statements. Reck Agri Realty & Auction does not offer broker participation for the “KNAUS BROS., INC. PIVOT IRRIGATED LAND AUCTION”. Reck Agri Realty & Auction reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidder increments are at the discretion of the Broker.
KNAUS BROS., INC. PIVOT IRRIGATED LAND AUCTION –w/RESERVE
Tuesday, December 1, 2015 @ 10:30 a.m. MT
Reck Agri Auction Center, Sterling, CO
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- YUMA COUNTY , CO
- Knaus Bros., Inc. Pivot Irrigated Land Auction with Reserve
- SOLD! Tuesday, December 1, 2015 – 10:30 a.m. MT
- Reck Agri Auction Center ● Sterling, CO 80751
- SOLD! PIVOT IRRIGATED UNIT $875,000 OR $6,730 PER IRRIGATED ACRE
- 160.0+/- total acres
- 130.0+/- acres pivot irrigated
- 25.3+/- acres dry corners
- North Central Yuma County, CO
- 4.5 miles E of Clarkville, CO
- Possession upon closing
- Seller to convey owned mineral rights – 3 producing gas wells
- 8 tower Valley pivot, 150 hp U.S. Electric motor
- Irrigation well #13380-FP, 400 AF for 160 ac
- Class II soils
- 10,000+ bu grain bin
- Virtual Buyers' Meeting