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Reduced! Hayes Center Pivot and Range

$6,480,000 1701.93 Acres
Property ID 2886419


NOTE: Seller will sell 5 separate tracts; however, tracts 1 and 2 must sell before tracts 4 and 5
AcresDrycrop/corners: 119.5Pivot Irrigated: 906Range: 640.58Farm Site: 9Roads: 26.85TOTAL: 1701.93
Tract 1: 211 pivot irrigated acres              19.5 drycrop corners               $1,376,100Tract 2: 274 pivot irrigated acres              42 drycrop acres              $1,686,000
Tract 3: 562.50 range acres + buildings & ground              $772,900
Tract 4: 137 pivot irrigated acres               24 drycrop acres + improvements & grain storage               $870,000
Tract 5: 284 pivot irrigated acres               24 drycrop acres               22.08 range acres               $1,775,000
Certified Irrigated Acres (as per Middle Republican Natural Resource District)Curtis NE: 5 year allocation period started in 2013 with 65.34 inches                  896.2 Certified Irrigated Acres                  43.5 inches left since end of 2014 growing season                   60 inches + 5.34 inch carry over in 2013
Equipment5 center pivot irrigation machines;2008 Zimmatic 11 Tower1974 T & L 7 Tower1974 Zimmatic 15 Tower1974 Zimmatic 10 Tower1972 Zimmatic 10 Tower5 pumps and gear heads
Potential Bushel Lease IncomeThe current tenant has leased the farm for the past eight years.  The lease is a 52,000 corn bushel lease.  This include the rental of the house, all rangeland, all drycrop and of course all pivot irrigated acres.  The 52,000 bushels of corn acres to be deliver the nearest elevator at the tenants expense.  All major repairs are at the owners expense.  All minor repairs and labor are the tenants expense.  
52,000 bushels @ $3.75 = $195,000Real Estate Taxes = ($28,062)Maintenance = ($7,500)Insurance = ($7,500)TOTAL INCOME: $151,938
2% ROI at $3.75 corn. Do the math on a $5 corn year! Wow! Great investment!


8 miles west and 2 miles north of Hayes Center, Nebraska

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.