SOLD

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THE PHOTOS TAKEN ON AUGUST 2, 2009 AND AFTER!

LOCATION: From Hwy 2 on the East side of Alliance, turn south on Potash Ave. to Kansas St. then East to CR59 Rd. Go South on blacktop which then turns to Broad Water Rd. Then South to white telephone building on right hand side, then East / Southeast to the ranch approx. 3 miles.

2008 TAXES: ---------------------------------------------------- $ 3,311.90

LEGAL DESC. Exact legals will be given upon entering a written purchase agreement.

HOME INFORMATION: The base ranch house is a one story bungalow style with approx. 1100 sq foot of living space. There are 2 bedrooms, 1 bath, and a kitchen, dining and living room and ½ of the main floor has the original hard wood floors which are beautiful. It has a full unfinished basement. The homes overall appearance is in very good condition.

BUNK HOUSE: The bunk house consists of a 14’ x 70’ mobile home w/ 2 bedrooms, 1 bath, kitchen and living room. This property has been pretty much re-done on the entire inside. Overall very good condition.

OUT BUILDINGS: The out buildings consist of a 3 car garage, large working barn, chicken house, shop building plus several other small buildings.

CORRALS: All of the corrals were built new in 2007 - 2008. They are made up of heavy steel panels and the bulk of them are made up of rough cut cedar lumber. You won’t find a better set of corrals anywhere.

RANCH INFORMATION: There are a total of approx. 2000 acres on this ranch. The ranch is divided into 5 different tracts, all adequately cross-fenced and each tract has its own windmill with 20’ tank. There are a total of 6 windmills with 20’ tanks throughout the ranch. There are 2 fresh water lakes. The carrying capacity of this ranch is approx. 200-230 cow/calf pair. Due to the fact that this ranch was formerly grazed with horses, you will find the grass to be very clean in nature. You will find very few noxious weeds on this ranch. Approx. ½ of the ranch is made up of meadows.

MINERAL RIGHTS: All mineral rights negotiable between buyer and sellers.
NOTE:  A minor preliminary study has been done which indicates that there is possibly a large pool of oil and/or uranium at this location.  Property also sets on top of the Ogallala aquifer.  Therefore, water should never be an issue.

HUNTING AMENITIES: You will find an abundance of wildlife on this ranch to include Canadian Geese, Ducks, Pheasant, Grouse and Prairie Chicken, White Tail and Muhle Deer, Antelope, and a large number of coyote.

POSSESSION AND CLOSING: Buyer will get full possession of the ranch on the date of closing.

SALE TERMS: Buyer will be required to put 15% down with the purchase agreement and the balance to be paid in certified funds on the date of closing. Sale will be conditional upon the seller being able to complete a 1031 tax exchange.

BROKERS COMMENTS: Here is an opportunity to purchase a good working ranch with a very good set of buildings and extremely good corrals. The overall condition of the ranch is excellent.

AGENCY DISCLOSURE: Korth Realty and Auction and their agents represent the sellers in this transaction.

DISCLOSURE: All property information provided was obtained from sources deemed reliable, but the broker makes no guarantees as to its accuracy. All prospective buyers are urged to fully inspect the property, its condition, and to rely on their own conclusions.

OWNER: Jason Meduna & Absentee Owner