Brown County Pivots Auction For Sale Farms

Johnstown, NE 69214, USA
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Description

AUCTION- January 15, 2020 | 1:30 PM | Johnstown, NE Fairgrounds

Nine pivots will be sold in 3 parcels with a minimum bid of $205,000 PER PIVOT! A tremendous opportunity!

Click here to watch a video of this property.

This is an extremely well developed track of farm ground in North Central Nebraska.  These nine center pivot machines, and the diesel motors are only 8 years old.   They are located in gently rolling sandhils.  This is an excellent ground water area, and part of the Middle Niobrara NRD.  There are no pumping restrictions on any of the wells.  There is an easement off of Highway 20 that is a good gravel road to the pivot site. There are very well-developed roads to all nine pivots. In addition, there is recreational value as Evergreen Creek runs through the Southwest portion of the property itself. This would provide excellent mule deer and whitetail deer hunting, as well as wild turkey and upland game. Evergreen Creek runs year-round and is spring fed. This farm is a very productive farm and the pictures prove it!

Acre Breakdown
Pivot Irrigated:1,092.21±
Range/timber/water:171.86±
Range corners: 319.75±
Total: 1,583.82±

Estimated Cash Lease Income:
1,170± irrigated acres @ $160.00 = $187,200
319.75 range acres @$20.00 = $6,395
Gross Income = $193,595
Real Estate Taxes = ($43,309)
Insurance ($2,500 per pivot x9) = ($22,500)
Pivot maintenance ($13,500)
Estimated Cash Lease Income = $114,286 = 2.5% Net ROI

Legal Description:
Pt of Section 21,22,27 and 28, All in Township 31 North, Range 24 West of the 6th P.M., Brown County, Nebraska

Estimated Taxes: $43,308.96

Address: Johnstown, NE 69214
County: Brown

Video

Map

  • City: Johnstown
  • State/county: Nebraska
  • Zip/Postal Code: 69214
  • Neighborhood: Brown County
  • Country: United States