With the combination of wind lease income, farmland rent, and good hunting habitat, this farm has an excellent combination of qualities that equal to a great long-term investment over the next 20 years. This property is located in a very ideal location at the intersection of Buckeye and Yocemento and consists of over 127 acres of cropland. The cropland consists of Class II, III, & IV soils and is currently planted to wheat. The wind lease is currently in Year 4 of a 25 year lease and payments are set to increase in 5-year increments. With the wind energy lease, cropland rent, and hunting habitat that can be leased, this farm has the capability of generating a 4-6% return on investment over the next several years.
Property Features:
- - Located 8 miles NW of Hays, KS at the intersection of Buckeye and Yocemento Roads
- - 127.35 acres of tillable land currently planted to wheat
- - Currently ...
- - Currently in Year 4 of a 25-Year Wind Lease. 1 wind turbine located on the property. Wind lease will generate a minimum of $275,000 in income over the next 20 years. Lease and all wind rights will transfer to the Buyer. Contact listing agent, Adam Hann, for more details
- - Potential to earn 4-6% return on investment over the next 20 years
- - Tall cottonwoods and excellent cover along the East side of the property. Terrific upland bird hunting
- - 2019 real estate taxes were $437.48
- - 4.5 hours from Denver, CO; 3.5 hours from Kansas City