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14 Johnstown

Riverton, WY 82501
  • $1,225,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 24-501
UPDATED: 69 min ago
$1,225,000
  • 0
    BEDS
  • 200.02
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 2,044
    SQFT
  • $599
    $/SQFT
Neighborhood:
Type:
Farm
Built:
2004
County:

School Ratings & Info

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. 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.

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Listing information © 2024 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Mountain Properties. Data last updated: 2024-05-25T12:02:10.03.
www.coldwellbankertetonvalley.com/homes/149047558
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14 Johnstown Riverton, WY 82501

  • Price: $1,225,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 69 min ago
  • MLS #: 24-501
0
Beds
4
Baths
1
½ Baths
200.02
Acres
2,044
SQFT
$599
$/SQFT
2004
Built
Neighborhood:
None
County:
Fremont
Area:
13 - Dubois/Fremont County, Wy
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. 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.
Exterior Features

Above Grade Finished Area 0 Attached Garage YN No Construction Materials Vinyl SidingOther Fencing Fenced Lot Features LevelNot in SubdivisionTrees Other Structures Guest HouseStorage Parking Features Garage Door Opener Patio And Porch Features DeckPorch Road Surface Type Paved Roof Metal View Mountain(s)ValleyWind River Mtn ViewsScenic

Interior Features

Below Grade Finished Area 0

Property Features

Basement None Cattle Ranch YN Yes Country Living YN Yes Irrigation Water Rights YN Yes Outdoor Recreation YN Yes Pets Allowed Yes Recreational Ranch YN Yes Sewer Septic (existing) Tax Amount 6780 Tax Year 2023 Water Source Well Zoning Description Agricultural


Listing information © 2024 Teton Board of Realtors MLS.
Listing provided courtesy of Clay Schafer of Premier Horse Property: 307-840-3145.



Listing information © 2024 Teton Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Mountain Properties. Data last updated: 2024-05-25T12:02:10.03.
 
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