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Property Features
Property Type: Irrigated Farms
Deeded Acres: 0
Lease Acres: 640
Irrigated Acres: 640
Total Acres: 640
Carrying Capacity: 0
Best Use: Irrigated farmland
Listing Date: 08/28/08
Price
$0
Terms: negotiable

Agent
A.H. Jack Merrick
Phone: 575-760-7521
Email: Contact Agent
Web Site: www.buenavista-nm.com

Broker
Buena Vista Realty
Phone: 1-575-226-0671
Email: Contact Broker
Web Site: www.buenavista-nm.com

Location
State: New Mexico
County: Roosevelt
City: Portales  (map)
NM STATE LEASE ON T2S R36E SEC 16 2 circles in cultivation currently and the remaining land could be developed or used for pasture. This sale includes 7 wells, 2 circle sprinklers, buried water lines and utilities, growing crops, and other existing improvements - lots of depreciable items here, plus all purchased items are income producing. Both sprinklers are late model Lockwoods and are in good working order, they have extra drops with shut off valves if ever want to renozzle. All wells are submergible and in good working order, it is believed that more water is available if you want to drill more wells on the south half. It is probable that more water rights could be obtained from the current lease owner by the buyer only. Current holder of the lease is willing and motivated to the sale and might be willing to LEASE THE PROPERTY BACK FROM BUYER, carry part of the sale short term, take in some good calves (both bulls and heifers) on trade, . Call for appointment to let us show it and discuss price.