Heritage Land Holdings

Overview Executive Summary Quality Investment Potential with Tenant Farmers/Custom Farming Options The Heritage Land Holdings Auction consists of 1,081 acres of highly productive San Luis Valley farmland, offered in a sought-after agricultural region near Monte Vista, Colorado. Currently producing alfalfa and potatoes, the farm is supported by plentiful irrigation water, including senior Rio Grande water shares and Santa Maria Reservoir Company shares. Improvements include two country homes, a well-maintained barn, and numerous outbuildings, providing both operational utility and rural lifestyle appeal. This property presents an exceptional opportunity for investors and operators seeking quality irrigated farmland in the heart of the San Luis Valley. Call Hall and Hall Auctions today to request information! 1-800-829-8747 Auction Date: - Thursday, April 16th 1:00 PM - Held at Ski Hi Complex 2335 Sherman Avenue, Monte Vista, CO 81144 Information Day: - Friday, March 27th from 10 AM to NOON - Wednesday, April 15th from 1 PM to 3 PM - Meet an auction representative at the headquarters on Tract 6 to learn more about the property and the auction process. Contact Hall and Hall to schedule additional showings. Just the Facts Quality Investment Potential with Tenant Farmers/Custom Farming Options Highly Productive Farmland producing Alfalfa and Potatoes Plentiful Water with Senior Rio Grande Water Shares & Santa Maria Reservoir Located in the San Luis Valley near Monte Vista, CO Two Country Homes, Well-Maintained Barn, and Numerous Outbuildings Locale Overview The San Luis Valley (SLV) is a high-elevation agricultural basin in south-central Colorado, bordered by the San Juan Mountains (west) and Sangre de Cristo Mountains (east). Monte Vista sits near the center of the valley and serves as one of its key agricultural hubs. Elevation: Approximately 7,6007,700 feet Terrain: Broad, flat valley floor with mountain backdrops Growing Season: Short but intense; cool nights beneficial for certain crops Agriculture The SLV is one of Colorados most productive irrigated farming regions. Primary crops: Potatoes (nationally recognized production area) Alfalfa Barley Small grains Specialty crops (quinoa, hemp, seed crops) The regions cool nights and sunny days are especially favorable for potato quality and disease control. Water and Irrigation Water is a defining feature of land value in the Valley. Irrigation comes from the Rio Grande River, mountain snowpack, reservoirs (including Santa Maria), and groundwater wells. Surface water shares, particularly senior Rio Grande rights, are highly valued. The Valley operates under a complex system of water administration due to interstate compact obligations and aquifer management rules. Water security and priority date are critical factors in farm valuations here. Economic and Market Factors Strong agricultural base with established processors and potato infrastructure Historically active land market for quality irrigated farms Growing interest in water-secure properties Mix of multigenerational operators and outside investors Lifestyle and Community Monte Vista (population 4,0005,000) offers: Small-town services (hospital, schools, airport) Access to hunting, fishing, skiing (Wolf Creek), and public lands Lower population density and open space appeal Acreage (Deeded & Leased) Tract 1 - 160 Legal Description - SW4 Sec 2 T40N R7E 10 shares of Rio Grande & 10 shares of Santa Maria Tract 2 - 126.5 Legal Description - PT of N E4 Sec 26 T40N R6E 16 shares of Rio Grande & 20 shares of Santa Maria Tract 3 - 159 Legal Description - PT of SW4 Sec 22 T40N R7E 10 shares of Rio Grande & 10 shares of Santa Maria Tract 4 156.7 Legal Description - SW4 Sec 23 T40N R7E 10 shares of Rio Grande & 10 shares of Santa Maria Tract 5 - 160 Legal Description - SW4 Sec 24 T40N R7E 10 shares of Rio Grande & 10 shares of Santa Maria Tract 6 - 319.6 Legal Description - PT of S2 Sec 35 T40N R7E 20 shares of Rio Grande & 20 shares of Santa Maria 300 Head Feedlot & Multiple Grain Bins Deeded Acres: 1,081 Total Leased Acres: 0 Total Acres: 1,081 Terms Summary of Terms: A 10% earnest money deposit of the total contract price will be due immediately from all successful bidders. A 5% buyers premium will be added to the final bid amount. The property is being sold AS IS, WHERE IS and without any contingencies including financing. Property closings will be set 30 days from the auction date or as soon thereafter as closing documents are available. Broker participation is available. Contact our office for participation guidelines.