Located in between Mount Hope and Burrton Kansas sits this 38 +/- acres of prime irrigated farm ground. This high quality farm is comprised of Class 2 loam soils with a weighted NCCPI average of 58.7 , placing it well above the average for the area. The farm lays very flat with only a 3.8 +/- foot difference between the highest and lowest points. Currently there is a farm lease in place until 2026 and the current owner received a cash rent payment of $4,320 for the 2023 crop year. There is an option for the cash rent to be converted into a crop share agreement should the new owner prefer that. The farm will transfer with water right permit # 32,954-D2 giving the new owner 35.25 acre feet of water annually at 755 gallons per minute. The irrigation pivot, pump and motor are owned by the current tenant and will not be sold with the property. Irrigated farms of this size and quality do not come around and this is a great opportunity for the investor buyer looking for a steady annual income in the form of a cash rent or crop share payment.For questions or to schedule a showing please contact the listing agent.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.