OverviewThis property is sold
The Olofson’s are offering their 160.0 acres of Colorado land for sale. Located in north central Phillips County, Colorado, the Olofson property includes 147.3 acres of CRP Land for Sale which is highly desirable and sought after investment property. The buyer will have immediate possession, receive 100% of the 2013 CRP payment with the CRP contract expiring in 2020, and annual payment of $4,357. This property has good access with county roads on two sides and is in a highly productive agricultural area. Here is an opportunity to add to or expand your operation and/or current investment portfolio. This property has been within the same family for many years and once sold, may never again be publicly offered for sale.
LOCATION: From Holyoke, CO, 8 mi north on Hwy 385 to Rd 38, 4 mi west on Rd 38 to Rd 29, 1 mile north on Rd 29 to the southwest corner of the property. Property sits on the east side of Rd 29.
LEGAL DESCRIPTION: NW 1/4 of Section 28, Township 9 North, Range 45 West, of the 6th PM, Phillips County, Colorado
ACREAGE: 147.30 +/- Acres CRP
13.12 +/- Acres Pasture
160.00 +/- Acres CRP & Pasture Total
LAND USE: Conservation Reserve Program
TENURE: Terrain is slightly rolling. Soils consist primarily of Class III with small areas of Class IV and Class VI.
CRP CONTRACT: CRP contract annual payment of $4,357 at $29.58 per acre. Contract expires 09/30/2020
TAXES: 2012 real estate taxes due in 2013 $340.08
MINERAL RIGHTS: Seller conveying all owned mineral rights
POSSESSION: Upon closing
TERMS: Cash or good funds
Call Troy Vogel or Marc Reck at 970-522-7770 for additional information on this Colorado CRP land for sale, or contact Reck Agri here.
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- Phillips County., CO
- Olofson CRP Land for Sale
- 160.00 total acres
- 147.30 acres of CRP
- 13.12 acres of Grass
- North Central Phillips County, Colorado
- NW of Holyoke, Colorado
- Immediate possession
- 100% of the 2013 CRP payments
- CRP contract expires in 2020
- Annual payment = $4,357 ($29.58/acre)
- Good county road access
- Strong producing agricultural area