Description: 40-acres for a great price and terms! Buy cheap land and hang on to it is an investment approach that’s been sound and successful for several hundred years. In future years $17,960 will depreciate greatly in value and buying power while 40 acres of land will increase greatly in value.
County/State: Sweetwater County/Wyoming
Size: 40-acres
Price: $17,960 ($449/ac) with $460 down and the balance of $17,500 payable at $175 per month including 9% amortized over 186 months
Legal: NW1/4 SE1/4 SEC 21 T22N R90W, Sweetwater County, WY (Hanover)
Access/Roads: This property is located in the checkerboard area (resembling a board the game of checkers is played on) with ownership alternating between private and federal. This arrangement is very beneficial for a private owner because private owners can cross public land to get to private land, but the public can’t cross private land to get to public land. This tract fronts on a BLM road.
Mineral Rights: As with most oil producing states the mineral rights have been owned by the exploration companies for many years but a landowner would receive some form of compensation if wells were ever drilled.
Surveys: All sections were surveyed by the federal government at some time in the past but private surveys for individual 40-acre tracts have not been completed.
Property Taxes: Approximately $40 annually
Improvements: This is raw, undeveloped land and no improvements or homeowner services of any nature are being represented.
Zoning/Usage: Zoning is basically “agricultural” and residences usually aren’t permitted. Check with Sweetwater County Planning & Zoning for allowable usage (307-872-3914).
Directions: From Rawlins, Wyoming travel west on I-80 approximately 16 miles to Riner Rd. (Exit 196). Exit the freeway and drive north on Riner Road (also known as BLM Rd #3202). Refer to the parcel map where the arrow points to the parcel for sale.
Contact Person: Doug Caffey (800) 421-7163 or email doug@cheaplandinamerica.com |