Rudolph Family LLLP Land Auction

Logan County, CO 1,548.7 Acres

Overview

Overview

This property is sold

The Rudolph Family LLLP is offering their Colorado land for sale at auction.  Located in Logan County, CO, the Rudolph Family property includes 1,536.9+/- total acres consisting of 243.5+/- acres pivot irrigated, 754.8+/- acres pasture, 253.5+/- acres dryland, 280.1+/- acres CRP, and 5.0+/- acres with improvements. 1,123.9 acres is located north of Crook, CO and 413 acres located NE of Fleming, CO. The Buyer(s) will have possession upon closing except for the dryland summerfallow which is subject to a farm lease. The Parcel #5 includes a Wind turbine. The pivot irrigation includes 2 – T&L pivots with 305.5 North Sterling Irrigation District acre rights. 2,616 sq ft, 3 bedroom, 2 1/2 bath home with an attached 2 car garage, 48’ x 60’ machine shed, and domestic well. Live water in 2 of the 3 pastures. 2 – CRP contracts expire in 2020 and 2023 with the annual payments ranging from $25.20/ac to $41.50/ac. L/L share of wheat to be harvested in 2019 to Buyer(s). 2019 CRP payments to Buyer(s). Property to be offered in 9 Parcels, 3 Combos, Pasture Unit, Farm/Ranch Unit, Water Unit, & Single Unit. Some of the property being sold has been within the Rudolph family for over 90 years and once sold, may never again be publicly offered for sale.

Location

  • Logan County, CO
View Map

Quick Facts

  • Rudolph Family LLLP Land Auction w/Reserve
  • LIVE AUCTION: Tuesday, October 16, 2018, 10:30 a.m. MT
  • Reck Agri Auction Center, Sterling, CO
  • 1,536.9+/- total acres
  • 243.5+/- acres pivot irrigated
  • 754.8+/- acres pasture
  • 253.5+/- acres dryland
  • 280.1+/- acres CRP
  • 5.0+/- acres improvement site
  • Logan County, CO
  • N of Crook, CO
  • NE of Fleming, CO
  • Possession upon closing except farm lease on dryland
  • Wind turbine
  • 2 – T&L pivots with booster pumps & electric motors
  • 365 North Sterling Irrigation District acre rights
  • 60 North Sterling Irrigation District acre rights offered separately
  • 2 - CRP contracts expiring in 2020 and 2023
  • Annual payments range from $25.20/ac to $41.50/ac
  • 2,616 sq ft, 3 bedroom, 2½ bath home, attached 2 car garage, 48’ x 60’ machine shed
  • Live water in pastures
  • Offered in 9 parcels, 3 combos, Pasture Unit, Farm/Ranch Unit, Water Unit, & Single Unit
  • L/L share of wheat to be harvested in 2019 to Buyer(s)
  • 2019 CRP payment to Buyer(s)

Property Results

Property Results

This property is sold Color Brochure Comparative Sales

Combo #1

243.5+/- ac pivot irrigated  @ $4,208/ac = $1,024,760
67.2+/- ac dryland @ $700/ac = $47,040
45.5+/- ac grass & corners @ $400/ac = $18,200
356.2+/- ac total = $1,090,000

Parcel #2A

315.0+/- ac grass @ $634/ac = $200,000

Parcel #2B

33.1+/- ac dryland @ $700/ac = $23,170
132.9+/- ac grass @ $1,368/ac = $181,807
166.0+/- ac total = $205,000

Parcel #3

127.7+/- ac grass @ $567/ac = $72,500

Parcel #4

Improvements plus 5 ac = $160,000

Parcel #5

153.2+/- ac dryland @ $822/ac = $126,000
1 wind turbine   = $124,000
Total = $250,000

Combo #6

135.9+/- ac CRP @ $41.50/ac  @ $700/ac = $95,130
144.2+/- ac CRP @ $25.20/ac @ $400/ac = $57,680
132.9+/- ac grass, rds & waste @ $280/ac = $37,190
413.0+/- ac total = $190,000

Water Unit

60 acre rights @ $3,016/ac right = $181,000