Listing Courtesy of: Clay Schafer - Premier Horse Property
307-840-3145
$1,225,000
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14 Johnstown Unit 14 Riverton, WY 82501
Other
Residence
Beds
4.25
Baths
...
Bed/Bath
2,044
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 supp...lies, 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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MLS#
24-501
Property Type
Other
Bathrooms
3 Full/1 Three-Qtr/1 Half
Year Built
2004
Square Feet
2,044
sq. ft
Lot Size
200.02
Sewer
Septic
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