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Real Estate Auction Wednesday June 28, 2006 Lusk WY USA Real Estate Auction
Wednesday June 28, 2006, in Lusk, WY
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Ranch Location: 6 miles South of Lusk Wyoming on Highway #85, then 4 miles East on Kaan Road to the Ranch Headquarters. Located in the heart of Wyoming?s cattle country, this unique property offers the very best in equipment, irrigation opportunities and terrain to a wide variety of operations. Whether you are a Cow/Calf producer, a Background Operator, or a Haying operation, this property deserves your attention. Of the more than 2,000 acres included with this property, nearly 1,400 acres is pivot irrigated from an abundant underground water supply. The very latest in pivot irrigation equipment is being utilized to irrigate this ranch. The bulk of the irrigation systems are either near new or new with only 2 older well-maintained systems still in use on the property. The use of low-pressure drops and all electric powered pumps make this a very efficient operation. Considerable underground livestock watering systems have been installed assuring an abundant supply of quality water is available in the well-fenced grazing rotation units. Also included is an excellent ranch headquarters. It boasts a modern, recently remodeled single story ranch style home with a partially finished basement. There are cattle feeding and working facilities and supporting structures including a combination calving/hay barn, 2 slant walled metal shop/equipment storage buildings, small barn, and other outbuildings. There is a very good set of feeding pens with fence-line concrete bunks and a working alley. This ranch has a history of being an excellent hay production unit. It also has excellent carrying capabilities for a Weaning/Background, Yearling or a Cow/Calf operation. LAND USES There is currently 1 center pivot (#1) that is in cropland. It is currently in a growing crop of Spring Wheat. Pivots #2 through #8 are in alfalfa or a variety of mixes of grass and alfalfa. These have been grazed, hayed or a combination of grazing or hay production in the past. Pivots #9 & #10 are grass, both reseeded and native and are currently under a grazing program. This property has been participating in the current FSA program. Payment and acreage base information is include in our available Property Information Packet (PIP). See below for details on receiving your PIP. EQUIPMENT The pivot systems now in use on the property are 2 new Valley electric systems, just erected in spring/summer of 2006, 4 T-L Hydrostatic Drives installed from 1997-2003, 2 Reinke 8 tower systems and 2 Rain Cat systems. All systems employ low-pressure drop nozzles. All wells are powered by Electric Motors. The perimeter and cross fences are in excellent condition as well as the corrals and improvements making this a turn-key operation. TERMS & POSSESSION A payment equal to 20% of the purchase price will be due the day of the auction. The balance will be due on or before July 31, 2006 by cash or certified funds. All payments will be made to First American Title company of Lusk Wyoming, the closing agents in this transaction. The sellers will supply a title insurance binder indicating marketable title vested in the names of the sellers. The cost of title insurance will be paid equally by the buyer and the sellers. All personal property selling in this transaction sell in as-is condition and without warranty of any kind. MANNER OF SALE This is a Multi-Parcel auction. This property will be offered in 4 separate tracts as indicated on the enclosed map as well in any combination of those tracts, and in it's entirety. It will be sold in the manner best suited to the seller. If this property is sold other than as a whole, a survey will be supplied at seller's expense identifying the separate properties. BROKERS NOTE A commission of 1% of the sale price will be paid to a cooperating broker who registers a successful bidder not less that 5 days prior to the auction. Requirements include a Credit Report, Financial Statement & Identification of Buyers Bank/Banker. Please contact Denny & Associates, LLC in Lusk Wyoming to register as a Cooperating Broker. (307) 334-4021. ADDITIONAL INFORMATION Interested parties should contact the auction company, Ruhter Auction & Realty Inc (402) 463-8565 or Email auctions@ruhteracution.com or the cooperating broker, Denny & Associates, LLC (307) 334 4021 or Email ludenny@coffey.com for a Property Information Packet (PIP) which will include, soil maps, well logs, aerial maps, equipment inventory, FSA information, plat map, well service information. See contact information below. The enclosed information has been gathered from deemed reliable sources but the content of this ad is not guaranteed. Interested buyers need to make their own inspections and inquiries. This sale is not contingent upon the buyer?s ability to secure financing for the purchase of this property. All down payments are non-refundable. Please consult your loan agency prior to the auction date
Auction will be held at the Niobrara County Fairgrounds, Lusk Wyoming
For more details and photos, go here to View the Salebill
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