$1,225,000
Riverton, WY 82501
MLS# 24-501
2044 sqft
1 / 29
Property 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. The operation is currently being managed as an investment property, leasing out the farm ground currently on a one-year lease as well as the leasing of both homes. The land is well fenced and capable of handling livestock.
Details
Maps
Listing Information
Current Price: $1,225,000
Listing Price: 1225000
Status: Active
Non-Public: No
Effective Date: 2024-03-27
Property Info
Ranch Type: Farm
Realtor.com Type: Farms/Ranch
Total Bedrooms: 5
Main House Baths-Full: 3
Main House Baths-3/4: 1
Main House Baths-Half: 1
Total Baths (# rms): 5
Main Flr SqFt: 2044
Main House SqFt: 2044
Total Acres: 200.02
Year Built: 2004
Horses Allowed: Yes
Location, Legal & Taxes
Number: 14
Street: JOHNSTOWN
County: Fremont
State: WY
Zip Code: 82501
Area: 13 - Dubois/Fremont County, WY
Zoning: Agricultural
Flood Zone: Unknown
Flood Class: Unknown
Subdivision: None
Taxes: 6780
Tax Year: 2023
Legal Description: TWP 02N RNG 001E SEC 25 E/2SW; SEC 36 ALL OF N/2NE LYING NORTH OF THE SOUTH RIGHT OF WAY LINE OF JOHNSTOWN ''A'' CANAL & NENW, A FR OF THE N/2NE LYING SOUTH OF THE SOUTH ROW LINE OF JOHNSTOWN ''A'' CANAL
Possession: Negotiable
Compensation and Showing Info
Agent Owned: N
Buyer Agent: Y
Buyer Agent % or $: 2
Acreage
Irrigated Acres: 180
Pasture: 20.02
Deeded Acres: 200.02
Property Features
Surface Water Rights: 1
Marketing Name
MarketName1: Johnstown Farm
Property Features
Water: Well
Sewer: Septic (existing)
Miscellaneous: Water Rights Incl
Basement: None
Construction: Other
Exterior: Vinyl
Amenities: Barn / Stable; Deck; Garage Door Opener; Guest House; Porch; Storage Shed
Property Features: Fenced; Flat; Not in Subdivision; On Paved Road; Trees; Year Round Access
Roof: Metal
Fuel Type: Propane
View: Mountain View; Scenic; Valley View; Wind River Mtn Views
Lifestyle: Cattle Ranch; Country Living; Hunting; Outdoor Recreation; Pets Allowed; Ranch/Farm; Recreational Ranch
Supplements
Johnstown farm includes 200+/- deeded acres with water rights, and produces quality alfalfa hay in a region well known for outstanding hay production. Design efficiency and newer improvements compliment the highly productive irrigated lands making this a unique investment opportunity. 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 Co.
Listing Office: Premier Horse Property
Listing Agent: Clay Schafer
Last Updated: March - 30 - 2024
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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