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 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.