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Northeast Yuma County Pivot Irrigated Land AuctionONLINE-ONLY AUCTION

230+/- Acres Pivot Irrigated - Yuma County, CO

Description

RESERVE WAS NOT MET ON AUCTION DAY. CALL MARC RECK FOR MORE INFORMATION ON THIS PROPERTY. Thank you.

PIVOT IRRIGATED: 230+/- ac; 221+/- ac pivot irrigated, 9+/- ac grass; Legal: Part of 17 & 18, T5N, R43W; Location: From Holyoke, Colorado, 5 mi E on Hwy #6 to CR 49, 12 mi SE to improvement site, 2 mi SW via trail road to property. From Wray, CO, 19 mi N on Hwy #385 to CR 54, 9 mi E to CR QQ, 4 mi N to CR 58, 4 mi E to improvements, then 2 mi SW via trail road to property; Terrain is level to rolling; Irrigation Well Permit #18233-FP adjudicated for 553 ac ft to irrigate 221 ac;  Irrigation equipment includes 150 Newman electric motor with pump & 2014 - 12 tower Zimmatic pivot; SGMD Assessment: $82.95; RRWC Assessment: $3,146.50; R/E taxes: $1,977.48. STARTING BID: $1,125,000

OVERVIEW: 230+/- acres of Colorado pivot irrigated land is being offered for sale at auction.  This property is located 18+/- mi SE of Holyoke or 38+/- mi NE of Wray, CO in northeast Yuma County, Colorado and situated in an excellent water area. The Buyer(s) will receive possession upon closing. Irrigation equipment includes 150 hp Newman Electric motor and pump with a 2014 – 12 tower Zimmatic Pivot. 221+/- acres is pivot irrigated. Well Permit #18233-FP is adjudicated for 553 ac ft to irrigate 221 acres. 50% of the owned mineral rights to be reserved by Seller for 20 years.  Seldom does pivot irrigation become available for sale in this area.   
ONLINE BIDDING PROCEDURE: The Northeast Yuma County Pivot Irrigated Property will be offered for sale as one parcel. BIDDING WILL BE ONLINE ONLY. Bidding will begin @ 8:00 a.m. MT on February 13, 2018. The auction will “soft close” @ 12:00 noon, MT on February 15, 2018. Bidding will continue in 5 minute increments until 5 minutes have passed with no new bids. online only log in

BIDDER APPROVAL REQUEST FORM

To bid at the online auction:
1. Download RECK AGRI MOBILE APP through the Apple App Store or Google Play OR visit www.reckagri.com and click on the Northeast Yuma County Pivot Irrigated Land Auction property page to register to bid.
2. Your registration must be approved by Reck Agri Realty & Auction before you may bid. See Bidder Requirements below.
3. If you have questions regarding the bidding process and/or registration, call Reck Agri Realty & Auction at 970-522-7770.
 
JOIN US! AUCTION BID CLOSING
Watch and/or submit bids at the Bid Closing
Thursday, February 15, 2018 from 10 am - Noon MT
Reck Agri Auction Center, Sterling, CO

BIDDER REQUIREMENTS: Requirements for Buyer(s) to be approved to bid online: 1.) Review and agree to the terms and conditions of the detail brochure; 2.) Provide Reck Agri Realty & Auction verification of available funds to purchase the property and/or bank loan approval letter with no contingencies; and 3.) Sign and return to Reck Agri Realty & Auction the Bidder Approval Request form. Reck Agri Realty & Auction reserves the right to refuse registration to bid and/or bids from any bidder. Bidding increments are at the discretion of the Broker. Detail Brochure may be obtained by visiting Northeast Yuma County Pivot Irrigated Land Auction property page at www.reckagri.com or by calling Reck Agri Realty & Auction.

SALE TERMS/PROCEDURE:
The "NORTHEAST YUMA COUNTY PIVOT IRRIGATED LAND AUCTION" with RESERVE is an online only auction with RESERVE. The Northeast Yuma County Pivot Irrigated property to be offered as one parcel. Competitive bids will determine the outcome of the auction. 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 closing 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 March 16, 2018. 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 title commitment and exceptions will be incorporated and made a part of the Contract to Buy and Sell Real Estate (Land).

POSSESSION: Possession 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 the following: Well Permit #18233-FP. The water rights are subject to the rules, regulations, and limitations of the Colorado Department of Water Resources, Sandhill Groundwater District, and Republican River Water Conservation District. Water rights are being sold AS IS-WHERE IS without warranty or guarantee of any water right matters, pumping rates/adequacy of livestock/domestic/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 detail brochure.

REAL ESTATE TAXES: 2018 real estate taxes due in 2019, and thereafter to be paid by Buyer.

LEGAL DESCRIPTION:
Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any.

MINERALS: Seller shall reserve an undivided 50% interest in and to all oil, gas or other minerals, which the Seller owns and which are found on or beneath the subject premises, which reservation shall be for a period of 20 years from the recording of the deed and continuing so long as oil, gas or other minerals are being produced in paying quantities from the subject premises.

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 presentations 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.

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. Property is being 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. Reck Agri Realty & Auction does not offer broker participation for the "NORTHEAST YUMA COUNTY 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. Bidding increments are at the discretion of the Broker.

FIRST OPPORTUNITY TO PURCHASE: If Buyer(s) decides to sell the property purchased at auction, Seller shall have the first opportunity to purchase said property. Upon notification of intent to sell from Buyer(s), Seller shall have 30 days to negotiate a transaction with the Buyer(s).  If a transaction cannot be negotiated, the Buyer (s) may offer the property to the public. Said agreement to survive the closing.

A DETAIL BROCHURE is available upon request and is REQUIRED to bid at the online auction or via cell phone. It includes the terms and conditions of the auction, pertinent facts, title commitment, Contract to Buy and Sell Real Estate (Land). For additional color photos visit the "NORTHEAST YUMA COUNTY 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.

NORTHEAST YUMA COUNTY PIVOT IRRIGATED LAND AUCTION w/Reserve
Bidding begins: February 13, 2018 @ 8:00 am MT
Bidding closes: February 15, 2018 @ 12:00 noon, MT

AUCTION BID CLOSING
Watch and/or submit bids at the Bid Closing
Thursday, February 15, 2018 from 10 am - Noon MT
Reck Agri Auction Center, Sterling, CO

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Onine-Only Land Auction: Reserve was not met 2/15/18

Quick Facts

  • Northeast Yuma County Pivot Irrigated Land Auction w/Reserve
  • RESERVE WAS NOT MET ON AUCTION DAY
  • CALL MARC RECK FOR MORE INFORMATION ON THIS PROPERTY.
  • Bidding begins: February 13, 2018 @ 8:00 am MT
  • Bidding closes: February 15, 2018 @ 12:00 noon, MT
  • 230+/- acres
  • 221+/- acres pivot irrigated
  • NE Yuma County, CO
  • From Holyoke, CO, 18+/- mi SE
  • From Wray, CO, 38+/- mi NE
  • Possession upon closing
  • 150 hp electric motor and pump
  • 2014 – 12 tower Zimmatic Pivot
  • 50% of mineral rights reserved for 20 years
  • Well Permit #18233-FP for 553 ac ft to irrigate 221 acres
  • Excellent water area
  • JOIN US! AUCTION BID CLOSING: Watch and/or submit bids at the Bid Closing. Thursday, February 15, 2018 from 10 am - Noon MT. Reck Agri Auction Center, Sterling, CO
  • Starting Bid: $1,125,000