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.
Broker(s): Linda Niebur
Located south of Sterling and or South West of Hutchison Kansas.
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
This farm consist of the majority being Class II soils. See attached soil maps for complete details.
The seller owns 75% of the mineral rights. There is a lease on section 7 consisting of $250.00 an acre plus 3 1/16th royalty .
2011 taxes were $2719.16