6240 Waterloo Rd , Deming, NM 88030(Luna County)

The Waterloo Farm is a great opportunity for an owner-operator or investor. Located between Deming, NM, and Columbus, NM in the Mimbres Valley of southern New Mexico, the farm is ideally situated just off of NM-11 (Columbus Hwy) 23 miles south of Deming. The farm consists of 1,420.888 total acres including 860.08 acres of water rights with 760+/- irrigated acres utilizing a drip irrigation system. Groundwater is pumped from 9 wells powered by electricity and diesel engines. The well depths range from 200 feet to 750 feet and provide the 3.0 acre-feet per acre irrigation right. There are two additional wells that are not currently being utilized that could provide an additional 2000 gmp. A variety of crops have been grown on the property including beans, onions, watermelon, chili, cotton, alfalfa, corn, and others. The north 100 acres has a farm delivery rate of 4 acre-feet per acre making it suitable for pecan trees.

2,580-acre feet of water.

The remodeled main home is approximately 2000 square feet and has 3 bedrooms and 2 bathrooms. The bunkhouse is approximately 2160 square feet has also been remodeled and has 2 bedrooms and 2 baths. The farm office is also located in the bunkhouse. There is a third home on the property west of the main headquarters.

In addition to the homes, the farm includes a 1,200+/- square foot shop, 5,000 +/- square foot equipment barn, 900+/- square foot equipment barn, and a 7000+/- pole barn. All structures are in good condition. There are livestock pens on the southern end of the property and 5-grain silos.

The long growing season, climate, availability of water, and location make this an ideal opportunity for an investor or owner-operator.

81 Miles to Las Cruces, NM

91 Miles to El Paso, TX