Colorado Land Auction
October 24th – Schrader Real Estate and Auction Co.
Colorado Land Auction
October 24th – Schrader Real Estate and Auction Co.
By
Sponsored by Schrader Real Estate and Auction Co.
![LR_ColoradoFarmland-Schrader-05](https://landreport.com/wp-content/uploads/2024/08/LR_ColoradoFarmland-Schrader-05.webp)
LR_ColoradoFarmland-Schrader-05
Property Type: Farmland
Auction Dates: October 24, 2024
Location: Colorado
Acreage: 6,673 Acres
This Colorado Land portfolio is a unique and rare opportunity to acquire an expansive irrigated organic tillable farmland package. The portfolio gives a buyer the opportunity to acquire more than 6,600 acres in a single transaction. If no offers are accepted by September 6th, the portfolio will be offered at public auction in tracts on October 24th via the M3 multi-tract method where buyers can bid on individual tracts, any combination of tracts, or the whole portfolio. Contact Schrader today to receive more information and a due diligence packet on this exclusive land offering!
Organic Operation & Existing Lease
The owners and tenant have done an excellent job of creating quality returns on the property by taking advantage of soil and weather conditions through organic farming. The farm has been certified organic since 2020. The current lease on the cropland runs through 2025, giving the new owner immediate returns. A copy of the farm lease is available for review upon request from the Auction Company.
Water Improvements
Extensive improvements have been made to the irrigation systems since acquiring the portfolio. Making the change from flood to center pivot irrigation on nearly all of the farms, maximizing water consumptive use has been improved greatly. The owners have focused on preserving the most precious resource in Colorado, water.
Water Sources:
The portfolio has been built around a secure water system involving shares from the Fort Lyon Canal Company (FLCC), Amity Mutual Irrigation Company (AMIC), Mutual Hyde Ditch Company (Hyde), Wheat Ridge Lateral Ditch Company (Wheat Ridge), and the Lower Arkansas Water Management Association (LAWMA). The number of shares with each water source can be seen in the chart to the left. A complete Water Engineer report can be viewed on the website or by contacting the Auction Company. Water Stock certificates are also available for review.
History:
The portfolio’s water sources trace back to the Arkansas River. The Arkansas Riv-er starts in the Rocky Mountains of Colorado and flows easterly towards Kansas. Water diverted from the western slopes and regulation of the Arkansas River provides supplemental irrigation water for 265,000 irrigatable acres in the Arkansas Valley. Because of this, the area has the ability to diversify the crops produced and meet peak irrigation demands.