27624 E Island Rd , Brady, NE 69123(Lincoln County)

This is very productive pivot irrigated crop ground and range land. Additionally , there is excellent recreation potential on the ranch itself. There is a 3 bedroom home on the property at the improvement site, as well as various other outbuildings as well at the improvement site. The property has great access with a county road on the north side of the property. There are 2 center pivots irrigating 320 acres of crop land. One of the pivots is owned by the ranch, the other west pivot is owned by the tenant. The tenant wishes to negotiate a sale of the pivot itself. The pivots are each powered by diesel motors and is in a very shallow water area, which translates to lower pumping costs for the operator. There is excellent fencing throughout the ranch. The 416 acres of range land is cross-fenced into 3 different pastures. With the heavy tree foliage to the north it would make an excellent calving area on the cornstalks as well as on the range. There is an abundance of White-tailed Deer, upland bird hunting and Wild Turkey hunting. There is an excellent tenant in place that would be happy to stay on for a new Owner. Potential Cash Lease Income East Pivot 145 acres @ $200.00 = $29,000 West Pivot 174 acres @ $150.00 = $26,250 Drycrop 20 acres @ $45.00 = $900 Buildings 1 acre = $6,300 Range 416 @ $1.50/ day 37Pairs / 181 Days = $8,325 Hunting Annual = $4,000 Gross Income = $74,775 Real Estate Taxes = ($28,260) Insurance = ($5,000) Pivot Repair Maintenance = ($2,000) Fence Maintenance = ($1,000) Total Estimated Net Income = $38,515 Legal Description:See Exhibit A