Posted on January 27, 2019 / 661Listing ID: 44113APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Banking
Price : $625,000
Status : ACTIVE
Lot Size (Acres) : 40
Cap Rate : 80535-9720
City Tax Rate : LAPORTE
Utilities : Water, Electricity, Trash
Sale Type : Cash, Financing
Company Name : Ellis Orchard
Phone : 970-420-0472

Continuous operation as an apple and stone fruit orchard since the 1920s; currently fallow except for a 2-acre block of plums, remainder of the land used for seasonal livestock grazing. Certified organic since 2000, surrounded by other organic farms. The farm can be replanted in hay crops or hemp. 

Water rights

The following water rights are offered:

·       Water rights attached to the property deed: #1 Decree from Leroux Creek of 0.125 cubic feet per second (50 acre feet for a 200-day growing season). Availability is subject to seasonal conveyance ditch operations.

·       Ditch Company Reservoir storage rights: Leroux Creek Water Association (113 A-1 and B-1 shares, or annual average yield of 90 acre feet).

·        Ditch Company early water non-storage water: Allen Mesa Ditch (750 shares), Ellington Ditch (6 shares), Leroux Creek B-2 (60 shares), average annual yield of 145 acre feet.

Structures

Main farm house: 1800 square feet, 3 bedrooms, 2 baths. Built 1920s.

Duplex worker housing unit: 960 square feet, 2 bedrooms, 2 baths, 2 kitchens.  Built in early 1970s.  

Former schoolhouse:  680 square feet, 2 bedrooms, 1 bath. Built in 1920s. 

Workshop:  700 square feet work area; 360 square foot upstairs spare bedroom/storage area

Butler metal storage shed: 2500 square feet. 

Two Orchard-rite wind machines can be purchased separately. If the machines are not retained, they will be removed and sold.

Contact Listing Owner
Cannabis & Hemp Insurance
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