Unique Investment Property In Northwest OK
- Interactive Map
Investment Property for Sale! Here’s a unique opportunity to buy a great investment property with immediate return. The tract has two Wind-Turbines with approximately 25 years remaining on the contract. The Minerals convey, including a producing well with steady income over the last several years. And, there’s a CRP payment, with a contract expiration in October 2022. Once the CRP expires, it’s likely another contract will be offered. Or a buyer can elect to keep it out and graze it. It’s excellent grass. Don’t hesitate to contact Steve with any questions or to look at this unique property!
- 2 - Wind Turbines
- Producing Minerals
- CRP Payment
- *2 - Wind Turbines, 25(+/-) years remaining on contract. $24,000(+/-) payments/year. That’s approximately $600,000 left in the life of the contract.
- Mineral Interest Included - Producing. 6 year average of mineral income - $6,124/year.
- CRP Contract – Expires 10-01-2022. Paying $5,316/year
- Great grazing potential once CRP expires next year
- Deer and quail hunting
- Electric borders the property
- Only 1 mile from Hwy. 60 with well-maintained Gyp Road
- Home-site potential
- 11 miles East of Arnett
- 17 miles West of Vici
- 25 miles Southwest of Woodward
- 36 miles West of Seiling
- 2 1/2 hrs. Northwest of Oklahoma City
RR, Lot #WP002
Arnett, Oklahoma 73832