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16600 County Road 36, Platteville, CO 80651

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For Sale

$3,400,000

3 beds • 1 baths • 1,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Farm/Ranch
    Property type

  • $2,266.67
    Price per square foot

Explore this Property

Exceptional income producing property situated on 320 acres. The monthly revenue is $25,430. This investment grade property features 6 homes that stay rented consistently each with their own electric meter. The sellers have also rented out all of the shops situated on the property as well as the farm ground. The farm ground lease brings in $10,000 a month and is used for land application. The northeast and the southwest turkey barn have full concrete floors and electric service. There is potential to increase the rental income by finding renters for the large, retired turkey barns and another building on the southwest corner of the property can be rented. There is a USR on 80 acres of the property allowing for oil and gas support service allowing for outside storage. This parcel also boasts the 2.5% UPRR surface owner's payment for all oil and gas produced. There are new horizontal wells currently being drilled and the sellers have been offered $600,000 to sell their minerals. The potable water lines could use upgrading and the seller is willing to work out a credit to the buyer if they aren't upgraded by closing. ALL PERSONS ENTERING THE PROPERTY MUST BE ESCORTED BY AGPROFESSIONALS.
MLS# 1033540

Courtesy Of AGPROfessionals

(720) 684-4111

Property Features

  • Architecture Style
    Other
  • Lot Size
    320 Acres

Map and Directions

Directions to 16600 County Road 36, Platteville, CO 80651

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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