OverviewThis property is sold
636.4± acres located 9± miles south of Potter, NE in SW Cheyenne County. Parcel consists of 2 CRP contracts, including a new 15-year contract on 597.3± acres with an payment of $15,123/yr. Total annual income of $15,925. Property may be eligible for enrolled in Nebraska Open Fields & Waters program which could provide even more income.
- Cheyenne County, NE
- 636.4± deeded acres
- 597.3± acres approved for enrollment into CRP program for 15 years @ $25.32/ac for an annual payment of $15,123. Cover crop and grass to be seeded w/cost share
- 24.2± acres CRP to expire 9/30/2025 @ $33.14/ac for an annual payment of $802
- Annual income of $15,925
- 2020 R/E Taxes: $3,052.04
- 2021 CRP payments are negotiable, depending on time of year property sells
- May be eligible for enrollment in Nebraska Open Fields & Waters program which could provide additional income
- Great investment opportunity!
- Located 9± miles S of Potter, NE
- Asking Price: $325,000
Property DetailsThis property is sold Color Brochure
All of Section 19, Township 13 North, Range 52 West of the 6th PM, Cheyenne County, NE
Address: 7770 Road 8, Potter, NE 69156
597.3± Acres New CRP
24.2± Acres Old CRP
14.9± Acres Roads/Waste
636.4± Acres Total
304.0 ac wheat base w/ 34 bu PLC yield
Contract #1401B for 24.2 acres, annual payment: $802 @ $33.14/ac, expires 9/30/2025; 597.3 acres accepted into the new CRP program for 15 years expiring 9/30/2035, annual payment of $15,123 @ $25.32/ac. Depending when property sells, Seller and/or Buyer to be responsible to plant cover crop and seed grass. Cost share available. First payment due 9/30/2021. CRP payments to be negotiated depending on the time of year the property sells.
2020 R/E Taxes were $3,052.04
Possession to be negotiated depending on the time of year the property sells.
Seller to retain OWNED mineral rights.
Good funds at closing.
Notice to Propsective 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. The property, 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 Limited Seller’s Agent.