160 acres Ness County, Kansas CRP Land with some Minerals for sale (Ness City, KS)

Sale ID: 
190
Status: 
SOLD--$720/acre
IMAGES
Image of Listing: 
Land for Sale
Land for Sale
Land for Sale
DOWNLOADS
Sales Brochure: 
Soil Survey: 
ACREAGE
Total: 
160.0
Dryland Farm: 
0.0
Irrigated Farm: 
0.0
CRP: 
156.5
Grassland: 
0.0
FINANCIALS
Taxes: 
$222.86
Annual CRP Pmt.: 
$5,775.00/yr
Additional Income: 
350/yr from Walk-In Hunting
Financial Notes: 
The 2 CRP Contracts are as follows: 141.4 acres @ $37.64 for $5,322 expiring in 2018; 15.1 acres @ $30.00 for $453 expiring in 2011
SALE TERMS
Minerals Conveyed: 
Selling 25% of the minerals with the buyer having the option to buy 25% more for $30.00 per acre. Also note that from prior sale: 50% of the minerals are reserved to May 27, 2024. It is leased (from April 23, 2008 to 2011) to J. Fred Hambright Inc.