SOURCE: Westchester Auctions

Westchester Auctions

March 23, 2010 13:12 ET

Montana Farmland Auction: Angela Farms -- Tillable and CRP Land in Rosebud County -- to Sell at Auction May 5

ROSEBUD, MT--(Marketwire - March 23, 2010) -  An upcoming auction of tillable farmland and CRP land in Montana's Rosebud County will include one of the state's largest contiguous wheat farms. In all, Westchester Auctions will market 24,514 acres of land in 10 tracts.

The property, known as Angela Farms, includes 20,351 acres of tillable land, including 5,168 CRP acres. The vast majority of the property consists of deeded land, with 23,234 deeded acres and 1,280 leased from the state.

 "This is a substantial amount of quality farmland," said Scott Shuman, of Westchester Auctions. "It's 30 miles northwest of Miles City and 125 northeast of Billings, and it has six miles of frontage on Highway 59. What this really means is that buyers will have easy access to grain transportation in and out of the property, which is a big bonus."

 The land currently produces $580,000 annually from cash rent and CRP payments, and Shuman says this current output translates into an outstanding investment.

"We've got an enormous property here that is already outputting a nice amount from rent and CRP land. On top of that, nearly all of it represents tillable, productive land. This is a property with great income potential whether it sells as a whole or in tracts," said Shuman. Bidders will be allowed to bid on the land in various combinations or as a whole.

The auction will take place at the Town & Country Club in Miles City, Montana at 10:00 a.m. on Wednesday, May 5. Auction personnel will conduct informational sessions at the Town & Country Club on April 15 and April 29.

Westchester Auctions, based in Champaign, Ill., specializes in the sale of farmland, timberland, recreational land and other types of property throughout the United States. Individuals seeking auction information may visit www.westchester-auctions.com or call 217-352-6000.

Contact Information

  • For more information:
    Carl Carter, 205 823-3273
    Lindsay Fernandes, 205 909-3705