Sold
Unique Investment Property In Northwest OK
Acreage
160 ±
County
Ellis
SOLD
Address RR, Lot #WP002 Arnett, OK 73832
View on Google MapsDescription
Investment Property for Sale! Here’s a unique opportunity to buy a great investment property with immediate return. The tract has two Wind-Turbines with approximately 25 years remaining on the contract. The Minerals convey, including a producing well with steady income over the last several years. And, there’s a CRP payment, with a contract expiration in October 2022. Once the CRP expires, it’s likely another contract will be offered. Or a buyer can elect to keep it out and graze it. It’s excellent grass. Don’t hesitate to contact Steve with any questions or to look at this unique property!
Details
- 2 - Wind Turbines
- Producing Minerals
- CRP Payment
- *2 - Wind Turbines, 25(+/-) years remaining on contract. $24,000(+/-) payments/year. That’s approximately $600,000 left in the life of the contract.
- Mineral Interest Included - Producing. 6 year average of mineral income - $6,124/year.
- CRP Contract – Expires 10-01-2022. Paying $5,316/year
- Great grazing potential once CRP expires next year
- Deer and quail hunting
- Electric borders the property
- Only 1 mile from Hwy. 60 with well-maintained Gyp Road
- Home-site potential
- 11 miles East of Arnett
- 17 miles West of Vici
- 25 miles Southwest of Woodward
- 36 miles West of Seiling
- 2 1/2 hrs. Northwest of Oklahoma City
Summary
Fencing
Low Fence
Features
Wild Game, Whitetail, Upland Game, Improvements, Investment, Conservation Reserve Program (CRP), Minerals, Natural Gas, Oil, Big Game, Small Game, Dove, Quail, Roads, Road Frontage, County Road, Road Access, Dirt, Fence, Fence Material, Wire, Recreational Improvements, Trail Network, Government Programs, Activities on Property, Hunting, Hiking, ATV Riding, Horseback Riding, Camping, Family Activities, Biking, Low Fence
Land Type
Hunting and Recreational
Land Details
Enrolled in Government Program
Road Surface
Dirt
Property Type
Recreational Land, Hunting Land
Road Frontage
County Road
Improvements/Features
Big Game, Upland Game, Small Game, Trail Network
Land and Farm Property Types
Land - Hunting, Land - Recreational
Other Property Details
Coordinates
36.1595, -99.5778
Annual Taxes
$0
Sold Property
For more information or to see additional properties currently for sale see Steve Purviance's listings.