COATS ADAMS CO LAND AUCTION
COATS FAMILY FARM L.L.C.
2 Tract Adams County, Nebraska
LAND AUCTION
Tuesday October 23, 2012 2:00 P.M.
The auction will be held in the Garden Café/Hastings Hotel Banquet Room 2205 Osborne Drive East, Hastings, Nebraska.
TRACT #1 SOLD – $10,100
TRACT #2 SOLD – $8,375
The farms are located from the north edge of Juniata, Nebraska, ½ mile west to Liberty Avenue and 1 mile north.
Manner of Sale: This auction will include Multi-Parcel bidding. Each tract will be offered as a separate parcel and both tracts will be offered in a 1 tract combination. The properties will sell in the manner best suited to the sellers. The Multi-Parcel program allows prospective bidders to bid on separate tracts of their choice or the combination of both tracts until all tracts close simultaneously.
TRACT #1
Legal Description: Southwest Quarter (SW ¼) except Coats Family Farm Subdivision in Section Thirty-six (36), Township Eight (8) North, Range Eleven (11) West of the 6th PM, Adams County, Nebraska. 153.64 acres more or less
Equipment included with tract #1 includes a Reinke Center Pivot system, Johnson 11-10 gear head as well as the well and pump.
TRACT #2
Legal Description: East Half (E ½) of the Southeast Quarter (SE ¼) except Tax Lots 2 & 3 and except road right of way in Section Thirty-five (35), Township Eight (8) North, Range Eleven (11) West of the 6th PM, Adams County, Nebraska. (70.54 acres more or less).
Equipment include with Tract #2 are an 8” pump, US Motors 50 HP gear head. Note-The well is located along the west side of Tract #1. If the tracts sell separately, an easement allowing use of the well will be granted to the purchaser of Tract #2. That easement will be in place prior to closing and will be in effect for the life of the well. It will provide that the purchaser of Tract #2 will be responsible for the maintenance of that pump and related equipment.
These tracts are excellent tracts exhibiting some of the best potential for yields in the Adams County region. Their location adjacent to one of Nebraska’s premier feed lots and in close proximity to both major grain terminals as well as several large ethanol production facilities offer fantastic marketing options.
Tract #1 is a very gently rolling to level pivot farm. The mix of great soil types, abundant water as well as terrain make this a great unit.
Tract #2 consists of approximately 53.3 acres of gravity irrigated crop land and 16 acres of non-irrigated crop land. This smaller tract would make an excellent investment for the investor looking for a small acreage as well as area farmers.
