Lightning Creek Ranch - SOLD

LEGAL DESCRIPTION

W 1/2 1/2 35-24-61, and Lots 1, 2, 3, & 4 Sect. 2, SW 1/4 NE 1/4, part of N 1/2 N 1/2 S 1/2, Goshen County, Wyoming

LOCATION

Property is located approximately 3 miles south of Torrington, Wyoming or 5 miles west of Henry, Nebraska

DESCRIPTION

The Lightning Creek Ranch contains approximately 445 acres of irrigated cropland, pasture, sub-irrigated pasture, and a building site. There are 141.9 acres of water rights available through the Goshen Irrigation District. There are about 101 acres of pivot irrigated cropland, 40.6 acres are flood irrigated cropland, and total surface rights. Approximately 40 acres are sub-irrigated pasture, 258.1 acres of pasture and the building sites that encompass roughly 5 acres.

IMPROVEMENTS

The buildings on the property include a newer 30' X 40' metal shed. A 1,349 s.f. ranch style house with metal siding was built in 1935 and has been remodeled. This two bedroom, two bath home has new ceramic tile flooring and carpet. It has a partially finished basement with a family room and bedroom.

Other improvements include a 3 car detatched garage, a single detatched garage is being used as a tack shed, and an open 2,072 sf. open front pole barn hass an attached garage. There is also a new 1200 s.f. pole shed with electrical service and 20' walls. A new two sided hay shed also has 1200 sf and a new 16' X 89' open front metal pole barn. The property also includes five 9' X 12' shelters and corrals.

Pivots: 8 tower Zimmatic - low pressure with new diesel motor and pump - rate 750 gpm.

TAXES 2005 estiamted $1,683.20

WATER RIGHTS

141.9 acres of water available through Goshen Irrigation District.

NRCS FSA INFORMATION

Farm #339; Farmland 442.0, Cropland 160.7, base Acreage - Oats 1.9 Payment Yield 38 bushel Corn 57.6 Payment Yield 69 bushel

SOIL INFORMATION

The main soils on the subject are Mitchell-Bordeaux-Epping associates. These soils are well-drained sandy loams. Soil classes include Mitchell silt loams and Dwyer fine sandy loams. The subby pasture is Alkali. The dominant soil in the pasture is Keot

MINERAL RIGHTS Negotiable

SUMMARY

A great location! This unit could be divided for any number of applications or operated as is. Any reasonable proposal will be seriously considered.