DMK Farm

Category
Farms and Ranches
City
Riverton
State
WY
Zip
82501
MLS Number
20175188
Price
$1,250,000.00

The farm is highly improved with two homes and numerous support buildings on the north end of the property and the owner’s custom built home on 17 acres on the south end of the property. -- UNDER CONTRACT --

LOCATION

15 miles NW of Riverton, Wy. Or 2 miles S of the intersection of Hwy 132 and Eight Mile Rd., Fremont County, Wy. Riverton Wy. is a town with a population of 10,000, providing most needed services including retail, farm supply stores, three implement dealers, and a regional livestock auction yard holding sales every Tuesday.

 

LAND

 Approximately 260 acres total with approximately 210 irrigated through Midvale Irrigation District. (www.midvaleirrigation.net) Irrigation is provided by a 2008 Zimmatic center pivot covering about 140 acres with the balance by gated pipe. Alfalfa/grass mix was seeded in 2017. The soil type is capable of growing any type of crop commonly found in Fremont County, including corn, alfalfa, barley, oats. Water cost is about $17/acre plus a $375 “first acre” charge. Electric cost to operate the pivot is about $5000/year. Typical alfalfa yields are 4-5 tons/acre over 3 cuttings with sufficient aftermath to winter cattle.

 

IMPROVEMENTS

 The farm is highly improved with two homes and numerous support buildings on the north end of the property and the owner’s home on 17 acres on the south end of the property. Improvements include the following:

North End Improvements

  • Home #1: 2030sq ft single story home built in 1948 but remodeled. Three bedroom, 1 bath home with great fireplace/hearth in family room. This home currently brings in $1000/month rent.
  • Home #2: Smaller 2BR, 2BA home of 884 sq ft. This home was built in 1940 but has been updated recently and currently brings in $800/month rent.
  • Barn: Huge 8160 sq ft pole barn built in 2012. This building could be used for hay and equipment storage, or riding arena or a combination.
  • Livestock facilities: There is extensive feedlot pen area where current owner has held up to 800 hd cows.    
  • There are several other miscellaneous outbuildings and grain storage facilities on the property.

South End Improvements (Home #3)

  • Constructed in 2015, owner’s home of 2000 sq ft, 3BR 3BA, ranch style home. Home offers 280 degree views of Wind River and Owl Ck. Mountains. Some of the features of the home include:
  • 2x6 construction, R20 insulation in walls, R60 in ceilings
  • 36” doorways
  • Huge kitchen and pantry
  • Full wrap-around deck
  • Wood/propane fireplace
  • 3 bay attached garage
  • Full generator hook-up ready

 Financial:

  • Real estate taxes were $6920 in 2017.
  • Irrigation water cost is approximately $4000.
  • County assessed value of all the improvements is $655,000.

PRICE RECENTLY REDUCED FROM $1,450,000 TO $1,250,000!