LEGAL DESCRIPTIONS

PUEBLO COUNTY:

TRACT 1 – A tract in Section 13-22-60

OTERO COUNTY:

TRACT 2 – A tract in Section 18-22-59 & a tract in Section 13-22-60

TRACT 3 – S/2S/2 of Section 19-22-59 less improvement tract

PRICE:

TRACT 1: $1,485,000

TRACT 2: $1,443,000

TRACT 3: $1,960,000

CROPS: There are growing alfalfa and corn crops.

FSA INFORMATION: All future FSA payments will follow the crops and will be paid pursuant to FSA regulations. 

POSSESSION: Date of closing, subject to tenant’s rights.

MINERAL RIGHTS:  All of the Seller’s interest will transfer to the Buyers at closing.

REAL ESTATE TAXES: Taxes for 2026 will be prorated to date of closing. 

WATER RIGHT INFORMATION:

There are 2 wells on each tract that provide irrigation water along with the respective shares of Ditch & Canal water. The 2026 annual well water allocation for each tract is as follows:

TRACT 1: WDID 1405013 & 1405014

Total 2026 allocation = 81.61 AF

TRACT 2: WDID 1705160 & 1705161

Total 2026 allocation = 86.04 AF

(WDID 1705162 is located on Tract 2 but is not selling with the property.)

TRACT 3: WDID 1705134 & 1705135

Total 2026 allocation = 212.58 AF

·       20.92 Oxford Ditch shares for Tracts 1 & 2

·       10 Highline Canal shares for Tract 3

IRRIGATION EQUIPMENT:

All irrigation equipment is included except any gated irrigation pipe and siphon tubes.