160 AcresAbsolute Auction September 26, 2009- Oklahoma Land (In cooperation w/ Pickens Auctions)
A very prolific 160 acres of Oklahoma farm land for sale currently has a base forage of Midland 99 Bermuda that is being utilized for hay production and livestock grazing. Two irrigation wells and a Valley Irrigation System make this an extremely productive quarter. The predominant Darnell Association soils and Noble fine sandy loam soils provide the engine for the Bermuda forage base and offer the ability to diversify the forage mix for winter and summer annuals.The ability to irrigate offers the opportunity to have quality grazing almost year round.IRRIGATION WELL INFORMATION: A very new Valley system utilizes 2 high capacity water
wells. The wells (900 gpm) are being used with a new pump and electric motor. 2 additional wells provide water to 2 new stock tanks and water to the corrals.
This 160 acres and a considerable amount of equipment and tools will be offered in an absolute auction September 26, 2009 at the farm at 10:00 central standard time.
NE/4 of Section 19, Township 8 North, Range 11 West, Caddo County,Oklahoma.
Approximately 4.5 miles south of Albert, Oklahoma on Highway 146 to E 1270 Road. Turn East 2miles and then south on N 2580 Road one mile to the northeast corner of the 160 acres.From Ft. Cobb north on Highway 9 and Highway 146 for approximately 6 miles to E 1270 Road.
IRRIGATION WELL INFORMATION:
A very new Valley system utilizes 2 high capacity water wells. The wells (900 gpm) are being used with a new pump and electric motor. 2 additional wells provide water to 2 new stock tanks and water to the corrals.
The new outside fences with steel post are complimented with steel post partition fences. The 300’ x 100’ steel corrals as previously mention are supplied with fresh water.
The tract currently returns approximately $13,000 in government payments.
The 160 acres is located in an area of Oklahoma that is eligible for Accelerated Federal Property
Depreciation on non-residential depreciable property. This legislation was extended
through 2009. It is evident that there is a considerable amount of depreciation available.