Heartwell, Nebraska

1535 Route 40

Halimage Dairy

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Consists

Full modern dairy facility including 40 cow rotary parlor and two large free stall loafing barns with a capacity of 1600 cows located on approximately 40 acres. Property includes newer single family home and grain storage. Surrounding land is excellent irrigated crop land operated by farmers willing to produce and sell commodities to dairy. The owners participated in a dairy cow buyout in June of 2009.

Location

The dairy is located just southwest of the town of Heartwell in Kearney County, Nebraska. Heartwell (pop. 100) is approximately 10.5 miles south southeast of the Gibbon I-80 interchange in central Nebraska. The community of Minden (pop. 2700) is located approximately 7.5 miles to the west. Heartwell is located between two larger service centers, Hastings, (pop. 23,000) located approximately 23 miles east or Kearney (pop 30,000) located about 32 miles to the northwest.

Milk Markets

This property is primarily served by Dairy Farmers of America with the closest cheese processing plant at Ravenna approximately 40 miles from the property. DFA charges mileage to that location but often milk trucks deliver milk from this dairy to Omaha or Kansas City. The farm has two 7000 gallon milk tanks for on farm storage.

Legal Description

Northeast Quarter of Southeast Quarter (NE1/4SE1/4) of Section 20, Township 7 North, Range 13 West of the 6th P.M. consisting of 39.97 acres more or less in Kearney County, Nebraska.

Dairy Permit

Currently the dairy permit has expired with the Nebraska Department of Environmental Quality. Nebraska is a livestock friendly state and the DEQ indicates that they will do what they can to assist a new owner. The seller has recently had an engineering report completed so permitting process for new owner will move smoothly.

Dairy Facilities

The 40 cow rotary parlor, first free stall barn, lagoon, silage storage (12,000 T) and all basic facilities were con- structed in summer of 1997. The second free stall barn was constructed in summer of 2000. The home was constructed in summer of 1999. The steel grain storage (70,000 bu) and ma- chine shed (54’ x 99’) were part of the original farm and constructed at an earlier date. The free stall barns have 1200 existing free stalls and approximately 1400 lockups installed. The free stalls use mattresses covered with sawdust for bedding. The manager’s home is a ranch style with a first floor of 1557 sq. ft. and a basement of 1653 sq ft with an attached double car garage.

Manure Management System

The dairy is equipped with a manure flushing system using well and recycled lagoon water. There is one large lagoon and one smaller manure pond to control runoff. Previous permit had approximately 2600 acres signed up for manure distribution rights and was permitted for 1600 cows.

Water

This area of Nebraska has an excel- lent underground water aquifer. Abundant water is available for the dairy and its operation.

Electrical Power

Southern Public Power District at Grand Island. For more information call (308) 384-2350 or
http:// www.southernpd.com/servicearea.html.

Transportation

The farm is just south of U. S. Highway 6/34. The route to the closest Dairy Farmer’s of America milk market in Ravenna is via excellent county paved roads.

2010 REAL ESTATE TAXES: $24,425.57

Financing, Exchanging or Leasing Options

This property is financed through private sources that are willing to consider creative methods of sale. Seller financing could be possible for a qualified buyer. Equity exchanges of real estate or other assets within the U.S. or outside the country could be considered. An experienced operator might be considered for a lease purchase.

Possible Additions

The Seller’s own approximately 189 acres of adjoining land that is irrigated by reversible center pivot system and gravity irrigation. There are two irrigation wells providing water to the property. Irrigated land sales have ranged from $4000 to $5000 per acre.

Sellers Agent

This property is being marketed by Stephen R. England, Investment Property Exchange Inc. of Kearney, Nebraska. Sellers Agent will cooperate with any licensed real estate buyers broker in the sale of the property.

All information presented on this informational brochure is from sources deemed reliable and agents are not responsible for errors or omissions. This property is subject to withdrawal or prior sale at any time.