Holdrege, NE 68949 - Phelps County

REDUCED PRICE - PROPERTY CAN BE DIVIDED

DESCRIPTION: Offered for sale is an outstanding opportunity to purchase 240 acres of pivot irrigated cropland on the northwest edge of Holdrege, Nebraska. The County Assessor has a total of 15.82 acres of dryland cropland, 205.64 acres of irrigated cropland, 6.73 acres of grass, 1.0 acre of site and 6.96 acres of roads, trees and waste. There is a total of 236.16 assessed acres. All of the center pivot equipment and power units are owned by the seller and go with the sale of the property. The cropland soils are primarily made up of Holdrege silt loam class 1 soils. The balance of the soils is comprised of Holdrege/Coly silt loam soils. Most of the cropland has a 1 to 3 percent slope. The property lies adjacent to a newly paved road on the south side of the properties.

LOCATION: The subject properties are located on the northwest edge of Holdrege, Nebraska. From the intersection of 733 Road and Gustin Street go mile west. The corner of 733 Road and L Road split the two properties.

LEGAL: The East Half of the Southeast Quarter (E2SE4) in Section Twenty Five (25), Township Six (6) North, Range Nineteen (19) and The Southwest Quarter (SW4) of Section Thirty (30), Township Six (6) North, Range Eighteen (18) West of the 6th P.M. all in Phelps County, Nebraska.

IRRIGATION/WELL INFORMATION:

Section 25; Well #G-073050, Completion Date: 10/10/1990, GPM: 1250, Pump Depth: 175 ft., Well Depth: 352 ft. Section 30; Well #G-032987, Completion Date: 7/23/2008, GPM: 1200, Pump Depth: 170 ft., Well Depth: 190 ft. Water Rights: Section 30 -138.2 certified irrigated acres; Section 25 - 67.44 certified irrigated acres

These acres are certified with the Tri-Basin NRD.

MINERAL RIGHTS: Full mineral rights sell with the property.

LEASE TERMS: 2018 leasehold estate with the current tenant terminates on November 15, 2018. Full possession after closing with respect to the Lessors leashold estate.

2017 TAXES: $18,032.16 - 2018 assessed value $1,205,526