Located just outside of Hope, New Mexico is the opportunity to own 1940 acres. The property consists of four irrigated farms, five residences, hay barns and corrals. There are four pivots with 429 acres currently under cultivation with Alfalfa and Triticale. There is a potential to bring into production 400 additional acres.
The subject water rights have a priority date of 1887 and allow for the use of 3 acre feet per annum. The farms are in the Hope Community Ditch Association. All of the farms are irrigated from two irrigation pumps.
A total of +/- 1940 deeded acres with 920 BLM acres/Lease will go with the sale.
These farms had 8 full cuttings of Alfalfa in 2017 producing over a half million dollars.
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