760 Acres in Whitney, NE - $775,000
The Pelton Farm consists of 760 deeded acres of which 263 acres are irrigated and the balance of 497 acres is pasture. The irrigated ground is unmistakably the best irrigated ground on the Whitney Irrigation District. To compliment the irrigated ground is 497 acres of very good pasture. The property has a 2003 Valley 8000 7 tower center pivot – with low pressure system, poly drops, stainless steel filter system, Chemigation ready, dry wheel package (water around the towers – virtually no wheel tracks) and an electric surface pump (25hp) which is very economical. The owner states that the irrigated ground has produced 4 ton to 7 ton of alfalfa per acre with 80 lbs phos per acre, depending on amount of water applied. This is very, very good irrigated ground.
Irrigation $3,156.00 per year ($12/AC) very cheap!
Also available with the Pelton Farm is a state lease consisting of 535.09 Ac...
Also available with the Pelton Farm is a state lease consisting of 535.09 Acres (380 Acres Irrigated, 155.09 Acres Pasture). The leased property has a 2004 Valley 8000 7 tower center pivot with low pressure system, poly drops, pressure regulations, stainless steel filter system, chemigation ready, dry wheel package (water around towers – virtually no wheel tracks) and an electric surface pump (hp), very economical. The owner states the property will produce 3 ton to 5 ton of alfalfa per acre with 80 lbs phos. per acre depending on amount of water applied.
The owner is willing to transfer lease to a buyer for $64,000 ($50,000 for the pivot & $14,000 for alfalfa crop consisting of 140 acres at $100.00/Acre). Lease is assumable.
Lease Payment Calculations:
Lease $8,221.54 + $4,560.00 Irrigation - $1,473 F.S.A. = Annual Payment for Lease
Annual Payment Divided by 535.09 Acres = $21.00 / Ac Lease. Very Cheap Irrigated Lease!!!
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