Hope Farm
For Sale: 1,701 Acre Working Farm with Senior Water Rights Hope, NM
Price: $5,100,000
Location: Just Outside of Hope, New Mexico
Total Acreage: 1,701 Acres
Irrigated/Cultivated Acreage: 684 Acres
Senior Water Rights: 824 Acres
A rare opportunity to acquire a large-scale, well-watered farming operation in southeastern New Mexico. This 1,701 acre property, comprised of three farms, offers strong water rights, proven production, and excellent infrastructure all within minutes of Hope, NM.
Farm & Water Features:
684 acres under active cultivation
824 acres of valuable senior water rights
877 acres of pasture land
An additional 920 acres of BLM grazing may be available.
Irrigation via:
o 4 pivots (550 acres)
o 3 Side roll sprinklers (80 acres)
o Flood irrigation with gated pipe (190 acres)
Water Supply:
o 2 main irrigation wells + 1 supplemental well
o Combined pumping capacity repo...
o Combined pumping capacity reported at approx. 6,500 GPM
o Static water level at 430', no reported draw down, with saturated thickness at 770', 1,070' and 170'
Fertile soils ideal for hay, forage, or row crops
Historically strong yields and well-managed rotations (historically 7-8 Ton/acre).
This farm is currently not in production.
Improvements:
3 residences suitable for manager, and/or employees
2 large hay barns for efficient storage
Multiple other barns and outbuildings for equipment, livestock, and general use
(2) 2009 1/4 mile Zimmatic center pivot sprinklers.
(1) 2010 1/4 mile Zimmatic center pivot sprinkler.
(1) 2015 1/4 mile Zimmatic center pivot sprinkler.
(1) 2021 1/4 mile Zimmatic center pivot sprinkler.
(1) Cummins QSX Diesel Motor.
(1) Small diesel motor
(2) 12"-15" turbine pumps
(1) 8 turbine pump
Investment Highlights:
Strong, reliable water both in volume and quality
Productive and expandable farming footprint
Significant depreciation available for tax advantages
Excellent candidate for a family farm, investment portfolio, or agri-business expansion
This property is a diamond in the rough ready for a new owner to take full advantage of its abundant water, productive ground, and solid infrastructure. If you are looking for a strong farm with multiple opportunities, look no further. With senior rights and room to grow, its a generational asset in an area just outside of the Pecos Valley that is known for its agricultural legacy.
*Disclosure This farm is being sold As Is.
Contact us today to schedule a private showing or request additional details.
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