Stapleton , Stapleton, NE 69163(Logan County)

This is a very productive farm and ranch combination unit that is well maintained. The range land is cross fenced into five pastures, and there are three windmills on three of the tanks. The remaining stock wells are supplied with underground piping with 2 submersible wells. This property is located in a very desirable ground water area. The ground water is shallow, which keeps pumping costs to a minimum. There is the possibility of developing more pivots. To do so, an application would need to be completed with the Upper Loup N.R.D. Please contact the broker for additional details. There have been excellent tenants in the past, and the current tenants would be glad to continue farming and renting the range land. The current Owners are progressive investors with an agricultural background. They understand how important it is to be good stewards of the land by maintaining fences, pivots, and wells. As a result, this farm and ranch is high quality and very productive. Acres Sandhills range:1,256.17 Pivot irrigated:479.82 Drycrop: 43.11 Roads: 7.27 Total: 1,786.37 Taxes Estimated $23,271.56 Estimated Potential Rental Income Crop $109,440.00 Range $53,281.00 Stock Rental$10,000.00 Gross Income$172,721.00 Pivot Insurance (6,331.00) Liability Insurance (2,000.00) Real Estate Taxes (23,271.50) Pivot Maintenance (4,000.00) Fence Maintenance(1,000.00) Estimated Net Income$136,118.50 Return on Investment 3% FSA Information Wheat 94.6 base | 31.0 yield Corn 291.12 base | 145.0 yield Grain Sorghum 8.08 base |48.0 yield Certified Irrigated Acres = 494 Acres Total Section 13, Township 17, Range 29 = 190 Acres Section 14, Township 17, Range 29 = 130 Acres Section 23, Township 17, Range 29 = 20 Acres Section 24, Township 17, Range 29 = 154 Acres Well Information: 6-128513 Date Drilled 9/2003 GPM 1,000 Static 48 Pumping Level 120 Well Depth 300 6-171745 Date Drilled 02/19/2014 GPM 800 Static 57 Pumping Level 120 Well Depth 260 6-171745 Date Drilled 02/17/2014 GPM 450 Static 54 Pumping Level 120 Well Depth 260 6-167661 Date Drilled 06/06/2013 GPM 850 Static 52 Pumping Level 160 Well Depth 300 Equipment 1. 2003 Valley Pivot 100 HP High Efficiency Electric Motor 2. 2013 Zimmatic Pivot 25 HP Submersible 3. 2013 Zimmatic Pivot 60 HP Submersible 4. 2013 Zimmatic Pivot 75 HP Submersible Address:Stapleton, NE 69163 County:Logan