6/27 Auction 156 Acres of Cropland with Wind Lease Income
Auction Location: onsite N 2970 Rd (Sheridan Rd) & E 0650 Rd, Hennessey, OK 73742,
From Hwy 81/51 in Hennessey, Ok. Go East 10.5 miles on Hwy 51 to CR 2970. Go South 3 miles to CR 650 and ½ mile back to the west. “watch for signs.”
This 156 ± acre tract offers good cropland, currently planted to beans that’s just a 1/2 off blacktop. According to the F.S.A. office this farm offers 121 acres of cropland with a 108 acre wheat base and a 38 yield.
Legal: NW/4 3-18N-5W Kingfisher County OK.
Principal Soils: Renfrow Clay Loam, Kingfisher Wakita Complex.
For more information contact Brady Lippard at 580-747-2304 or 580-237-7174.
Minerals: Surface rights only.
Possession: Will be given after removal of the 2017 bean crop.
Wind Lease: 2017 income $628.00. Lease will be available online. No turbines are currently on property.
FSA Program: Price Loss Coverage.
Terms: 10% of the total purchase price is to be placed in escrow the day of auction with the balance being due upon delivery of marketable title. All information is taken from sources believed reliable; however, no guarantee is made by the auction company or the seller. Buyers should satisfy themselves as to any inspections deemed necessary prior to bidding. All Real Estate is being sold “AS IS”. Any announcements made the day of auction supersede all advertising.
Seller: Greg Gungoll
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