640 Acres in Sedan, NM - $680,000

WATER: The ranch has four wells on the property. One of the wells is a domestic well supplying drinking water to the home and livestock. The other three are irrigation wells, one drilled in 2006. These three are tied together for the irrigation system and supplies around 600 gpm of water to the sprinklers.

LIVESTOCK OPERATION: The ranch could be used as a cow/calf operation; but in my opinion, it is best suited as a stocker operation. You could use it as a seasonal operation or as a warm up operation to get cattle ready to go to grass pasture in the area. Not only can you run yearlings, but the owner states that he has cut and baled a large amount of hay off the circles when the cattle cant keep up with the growth. This ranch can be used in numerous ways, the skys the limit.

IMPROVEMENTS: The improvements on the ranch are located amidst a large grove of trees giving constant shade in the summer and protection in the winter. This is very unusual and unique for this part of the state. When you look at the pictures, you will understand the importance and functionality the setting provides. Not only are there native trees but, the previous owners planted an additional 155 trees around the headquarters. There is a two story, 3-bedroom, 1 bath home with many updates. A large machine shop, storage sheds, saddle house, livestock corrals and other out buildings are also located at the headquarters. There are 3 center pivot sprinklers, two are currently in use. Always an added bonus, the fences are in great shape.

BROKER NOTES: This ranch is a very unique operation. All the land is owned by the State of New Mexico and you lease the land. I realize this is a hard situation to get around if you aren't familiar with the process; but when you analyze it, it makes lots of sense. You are not having to put out a large amount of money to purchase the land, you are only buying the improvements and getting a lease on the land.

PRICE: $680,000.00