(Stevens County) ABSOLUTE – 161 +/- Acres in Hugoton

Wednesday, September 16, 2020

McCurdy Auction, LLC

(Hugoton) - South on Road 12/Optima to Rd F. Land is just southwest of the intersection.

Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Friday, August 28th, 2020 at 12:00 PM (cst) | BIDDING CLOSES: Wednesday, September 16th, 2020 at 2:00 PM (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. No scheduled open house. Property will be available to preview by appointment only.

Road F & Road 12, Hugoton, KS US

ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!! 161 +/- acres in Stevens County, just south of Hugoton, KS

  • Agricultural use
  • Level, rolling ground
  • Paved Highway frontage
  • Mineral rights - All interests held by the seller will pass with the real estate to the buyer
  • Not currently hooked up to utilities, but seller believes to be available
  • 78 +/- acres of farm ground - winter wheat being planted now, harvest in June
  • 79 +/- acres of pasture grass
  • 3 current oil/gas wells in production
    • Lease with Scout Energy Management - Dallas, TX
    • Royalty payment history for 1/6th interest is provided in the Property Information Packet.  New owner will receive 100% of seller's mineral rights and receive 6/6th of royalty payments. 
  • Long-term tenant farmer since 1980s
    • Pays $2,500/annually
    • Current wheat crops belong to the tenant and do not transfer to the new owner
    • New owner can negotiate a lease or ask tenant to vacate after current crop is off

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. McCurdy Auction, LLC, agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.