Knowles Farm - SOLD Sterling, Kansas  |  County: Reno

  • 385 Acres
  • 384 SqFt

Offering buyers a substantial parcel of non-irrigated dry land fields, this farm has just come on the market. Owned by one family for 135 years, an investor wishing to participate as a absentee landlord will find this a good opportunity for future value and development while enjoying an annual income from crops. Mineral rights are included. It is a very attractive opportunity for established farmers as well, who wish to increase their acreage to take advantage of rising commodity prices. Wheat, Corn, Milo and Soybeans are grown, carefully rotated to follow good conservation principals. The farm's good soils and location in a highly productive farming area with many farmers wanting to lease land make this a very attractive offering. Land only. No improvements exist. Located south of Sterling Kansas, southwest of Hutchinson in Reno County.

LOCATION

This farm is located south of Sterling and or South West of Hutchison Kansas.

ACREAGE

There are a total of 385.38 acres included with this. This farm has 311.15 acres in N/2 of Section 20, Township 23, Range 8 and 74.23 acres in the N/2 of SW/4 Section 7, township 23, Range 8

SOILS

This farm consist of the majority being Class II soils. See attached soil maps for complete details.

IMPROVEMENTS

None

MINERALS

A 1/8th interest in 160 acres, or 20 net mineral acres. There is a lease offer for a five year lease with an option to extend for four additional yeas. The lease bonus is $150/net mineral acre or $3,000. Should a well successfully be drilled the owner would receive 15% royalty.



2011 taxes were $2719.16

Broker: Linda Niebur

Virtual Map