This 300 m/l acre property located ¬¬¬¬approximately 15 miles South of Garden City, Kansas is made up of ideal crop ground that is irrigated under pivot and has a return rate of 7.8% with an annual income of $51,000.00 with a current cash rent contract for 3 years. And possibly an extension for 2 more years. The North irrigation system pumps 440 gallons per minute and is a 125 horse power 1995 Valley 8000 with 8 towers. The South irrigation system pumps 526 gallons per minute and is a 125 horse power 1982 Valley 4971 with 9 towers. This property’s’ irrigation system is supported by one of the world’s largest aquifers, the Ogallala Aquifer part of the High Plains Aquifer System, it covers an area of approximately 174,000 mi. in portions of eight different states including South Dakota, Nebraska, Wyoming, Colorado, Kansas, Oklahoma, New Mexico, and Texas. About 27% of the irrigated land in the United States overlies this aquifer system, which yields about 30% of all ground water used for irrigation in the US. The depth of the water below the surface of the land ranges from almost 400 ft. in parts of the North to between 100 and 200 ft. throughout much of the South and some estimates indicate the remaining volume is sufficient for 25 years. This property is located above one of the deeper parts of the whole aquifer system. The regions overlying the Ogallala aquifer are some of the most productive regions in the United States for ranching livestock, and growing corn, wheat, and soybeans. The availability of this water system transformed the High Plains into one of the most agriculturally productive regions in the world. Don’t miss out on the chance to own a piece of this highly productive land!
*Information sited from Wikipedia.com*