14 Johnstown, Kinnear, Wyoming

Description

The Johnstown Farm is a great livestock wintering property, which provides the feed base to winter and calve cows. The farm in Central Wyoming is located 23 miles west of Riverton, Wyoming just off Highway 20/26. The area is well known as a feed production area in Wyoming due to plentiful water supplies, productive lands, and mild, open winters. Situated on 200 +/- acres, the operation involves growing 1000 tons of alfalfa hay complete with two homes with outbuildings.ACREAGE & WATER The acreage breakdown is as follows: Irrigated – 180 acres Dry range – 20.02 acres Total Deeded – 200.02 acres The irrigated lands are primarily pivot irrigated with 2 Reinke windshield pivots (2016 and 2020). The alfalfa stands are newer top-quality plantings. The irrigated lands are serviced with Tribal Water Rights. The annual cost of the water is $25 per irrigated acre or $4,500/year. Annual real estate taxes are $6,780 per year. OPERATIONS The farm is currently leased for the 2024 season as well as both homes. The new owner could continue operation as an investment property with many capable tenants in the area or take the farm back to cash commodity production. Central Wyoming is well known for great commodity markets as well as a great livestock area with a sale barn in nearby Riverton. IMPROVEMENTS The farm is adequately improved to handle labor, machinery, and livestock with 2 homes and 2 shops. Modular #1 – 2,044 sq ft Modular #2 – 1,404 sq ft Shop #1 - 1488 sq ft shop with concrete floor Shop #2 – 1,200 sq ft metal shop with concrete floor SUMMARY The Johnstown Farm offers a solid investment for any producer. The farm could be operated strictly for cash commodity production or continue the current owner’s vision as an outstanding rental property securing $50,000 in annual returns. Co-Listed with Mason and Morse Ranch Company