RR, Lot #WP002, Arnett, OK 73832 - Ellis County

Investment Property for Sale! Here’s a unique opportunity to buy a great investment property with immediate return. The tract has two Wind-Turbines with approximately 25 years remaining on the contract. The Minerals convey, including a producing well with steady income over the last several years. And, there’s a CRP payment, with a contract expiration in October 2022. Once the CRP expires, it’s likely another contract will be offered. Or a buyer can elect to keep it out and graze it. It’s excellent grass. Don’t hesitate to contact Steve with any questions or to look at this unique property!

Property Features:

- 2 - Wind Turbines

- Producing Minerals

- CRP Payment

- *2 - Wind Turbines, 25(+/-) years remaining on contract. $24,000(+/-) payments/year. That’s approximately $600,000 left in the life of the contract.

- Mineral Interest Included - Producing. 6 year average of mineral income - $6,124/year.

- CRP Contract – Expires 10-01-2022. Paying $5,316/year

- Great grazing potential once CRP expires next year

- Deer and quail hunting

- Electric borders the property

- Only 1 mile from Hwy. 60 with well-maintained Gyp Road

- Home-site potential

- 11 miles East of Arnett

- 17 miles West of Vici

- 25 miles Southwest of Woodward

- 36 miles West of Seiling

- 2 1/2 hrs. Northwest of Oklahoma City