Luxury Ranch Real Estate

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Springfield Irrigation1

Springfield, Colorado

$1,326,600
Property ID: 198416
Luxury Ranch in Springfield, Colorado
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Description

Springfield Irrigation A Turn-Key Investment Farm Baca County 603 acres $1,326,000 This farm offers prime irrigated farm ground in Baca County. The seller has created a farm at the top of its class. With excellent sandy loam soil, this area has some of the best corn yields in the US. Baca County is the last remaining county in Colorado where open water well drilling is still allowed. There is excellent water here and the wells on this property are consistently pumping at 500 gallons per minute all water rights are included. There is also a brand new well on the farm. Four wells total, the sprinklers, pump, gearhead (both electric!) and the underground lines contained in this irrigation system are all in top condition, making this farm very desirable for the investor looking for consistent cash rent payments. Some of the best farmers in Colorado reside in this area, so keeping a good tenant farmer is very doable! The seller in fact, is one of them and if necessary, is willing to pay a lease back to the new owner to get them jump started on their new investment. Springfield Irrigation is truly a turn-key investors farm, which is ready to go now. Investors needing a 1031 exchange or looking to get out of the stock market and looking to invest in farm ground, look no further. This farm has be averaging a crop income of $140,000.00 for the last three years! This farm is located east of Springfield and just south of Hwy 160. The sellers family has farmed this farm and this area for 75 years. One of a farmers greatest assets is the knowledge of the area that only comes with many years of experience farming in that location. South eastern Colorado is noted for its very long growing seasons and excellent sandy loam soils, thus many National crop yield awards have been produced in this area with irrigation. Combined with excellent water from a great location and you have all the necessary components for a successful farm! Springfield Irrigation is tops in the region and a must see for investors!

Amenities