Description
119 acres of flat farmland in Yuma, located only one hour East of Fort Morgan. USDA Conservation Reserve Program (CRP) contract from 10/1/2016 t0 9/30/2026 @ $4,297 per year (7.6% cash on cash return with the remaining contract term). Of the total property acreage, 81.52 acres is leased to CRP for the term and pricing listed. Obligations of the CRP contract are for simple weed control. There are no leases or hunting rights currently reserved by any parties and no improvements or water rights on the property. Once the CRP contract is fulfilled, this parcel could be a great place to build your forever home or a nice piece to add to your farming portfolio.
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0BEDS
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119.09ACRES
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0BATHS
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01/2 BATHS
Description
119 acres of flat farmland in Yuma, located only one hour East of Fort Morgan. USDA Conservation Reserve Program (CRP) contract from 10/1/2016 t0 9/30/2026 @ $4,297 per year (7.6% cash on cash return with the remaining contract term). Of the total property acreage, 81.52 acres is leased to CRP for the term and pricing listed. Obligations of the CRP contract are for simple weed control. There are no leases or hunting rights currently reserved by any parties and no improvements or water rights on the property. Once the CRP contract is fulfilled, this parcel could be a great place to build your forever home or a nice piece to add to your farming portfolio.
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