Holbrook , Holbrook, NE (Gosper County)

This is a productive pivot irrigated and dryland farm. This farm is in an excellent water area. Located in the Tri-Basin N.R.D., there are no water restrictions on this land. This parcel enjoys excellent soils and has great access right off of county road 731 and 417. The drycrop land consists of 190.09 acres, while the pivot irrigated land has 268. There is 3 phase power and underground pipe connecting to pivot points on the irrigation system. The lease payment is half May 1st and the remaining due December 1st of each year. NOTE: The Seller retains first right of refusal to repurchase at appraised value when and if Buyer agrees to sell. Cash Lease Income/ROI Income/ROI: Owner will enter into a triple net lease back. $82,000.00 Crop Rent 16,000.00 Real Estate Taxes 3,000.00 Insurance 3,000.00 Pivot Maintenance $104,000.00 Cash Lease Net Income 4% R.O.I. Tenant will pay all expenses Acreage Breakdown Drycrop: 190.09 Range/Timber: 9.57 Pivot Irrigated: 268.44 Roads: 11.90 Total: 480.00 Equipment 2 Valley 8000 8 Tower Pivots, 2 electric 75 HP motors, 2 pumps and gearheads -all in excellent condition. Legal Description:9 5 24 NW 1/4; NE 1/4; N 1/2-SE 1/4 9-5-24 Taxes:$15,955.10 Address:Holbrook, NE 68948 County:Gosper