McCurdy Absolute Auction - Wednesday, September 16th at 2:00 PM

Farm/Ranch for Sale
Sale Pending
Catylist Listing ID: 30645253
Property Subtypes: Ranch, Other
Status: Pending
Gross Land Area: 160 - 161 Acres
Sale Price: See Agent
Sale Terms: Undisclosed
Up For Auction: Yes
Auction Type: Absolute
Cap Rate: Undisclosed
Last Updated: 9/16/2020

Overview / Comments

ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!! 161 +/- acres in Stevens County, just south of Hugoton, KS

Agricultural use
Level, rolling ground
Paved Highway frontage
Mineral rights - All interests held by the seller will pass with the real estate to the buyer
Not currently hooked up to utilities, but seller believes to be available
78 +/- acres of farm ground - winter wheat being planted now, harvest in June
79 +/- acres of pasture grass
3 current oil/gas wells in production
Lease with Scout Energy Management - Dallas, TX
Royalty payment history for 1/6th interest is provided in the Property Information Packet. New owner will receive 100% of seller's mineral rights and receive 6/6th of royalty payments.
Long-term tenant farmer since 1980s
Pays $2,500/annually
Current wheat crops belong to the tenant and do not transfer to the new owner
New owner can negotiate a lease or ask tenant to vacate after current crop is off

Additional Details

Nearest MSA: Hutchinson
County: Stevens
Tax ID/APN: 0951892900000005000
Property Visibility: Excellent
Highway Access: Yes
Zoning Description: Agricultural
Topography: Level
Sewer Type: None

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Photograph of Listing Agent

Megan Rae Niedens

McCurdy Auction, LLC
KSCRE Member
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