16600 County Road 36 Active Save Request In-Person Tour Request Virtual Tour
Platteville,CO 80651
Key Details
Property Type Vacant Land
Sub Type Farm and Ranch
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1033540
Bedrooms 3
Annual Tax Amount $7,784
Lot Size 320.000 Acres
Property Sub-Type Farm and Ranch
Property Description
Exceptional income producing property situated on 320 acres. The monthly revenue is $25,430. This investment grade property features 6 homes that stay rented consistently each with their own electric meter. The sellers have also rented out all of the shops situated on the property as well as the farm ground. The farm ground lease brings in $10,000 a month and is used for land application. The northeast and the southwest turkey barn have full concrete floors and electric service. There is potential to increase the rental income by finding renters for the large, retired turkey barns and another building on the southwest corner of the property can be rented. There is a USR on 80 acres of the property allowing for oil and gas support service allowing for outside storage. This parcel also boasts the 2.5% UPRR surface owner's payment for all oil and gas produced. There are new horizontal wells currently being drilled and the sellers have been offered $600,000 to sell their minerals. The potable water lines could use upgrading and the seller is willing to work out a credit to the buyer if they aren't upgraded by closing. ALL PERSONS ENTERING THE PROPERTY MUST BE ESCORTED BY AGPROFESSIONALS.
Location
State CO
County Weld
Area Greeley/Weld
Zoning AG
Rooms
Other Rooms Machine Shed,Livestock Shed
Exterior
Utilities Available Natural Gas Available,Electricity Available
View Plains View
Building
Lot Description Gas/Oil Excluded,Mineral Rights Excluded,Level
Sewer Septic
Water Well,Well
New Construction false
Others
Special Listing Condition Private Owner,Partnership