Listing Detail for MLS: 20202003
Courtesy: RAFTER CROSS REALTY, LLC | Beth Myers
  •   Price:

    • $6,750,000

  • Listing #:
    • 20202003
  • Class:
    • Farm & Ranch
  • Status:
    • Active
  • Type:
    • Farm/ranch
  • # of Acres:
    • 14,774.00
  • Sale/Rent:
    • For Sale
  • Address:
    • 120 Eclipse Loop
  • City:
  • County:
    • Lea County
  • Area:
    • Lea County
  • State:
    • NM
  • Zip:
    • 88213

Description

14,774 total acres - approx 8,331 deeded acres and 6,443 acres state lease land. Beautiful almost brand new home. Two additional three bedroom homes. Several barns and sheds. All the amenities of a working cattle ranch. Currently runs approximately 350 cow/calf pairs and 20-25 bulls. 24 wind turbines are in the process of being installed on portions of the deeded land. Purchase price of $6,750,000 to include 10% of the wind rights for those 24 turbines. Additional percentage of the wind rights can be negotiated for an additional price, all the way up to 100% ownership of the wind rights. Each turbine is expected to average about $20,000 in revenue each year (per seller and only an estimate, not a guarantee).

For more information on this listing, please contact...

  • Property Details
    • Structure:
      • - Yes
  • Acreage Details
    • Acres-pasture:
      • - 14774
    • Acres-private:
      • - 8320
    • Acres-state:
      • - 6443
  • Resources
    • Water Rights Y/n:
      • - No
  • Utilities
    • Water:
      • - Well-existing
  • HOA Details
    • Home Owner Assoc:
      • - No
  • Miscellaneous
    • Taxes $:
      • - $1.00
    • Tax Year:
      • - 2020
    • Owner Financing:
      • - No