Romero Ranch, Guadalupe County, Newkirk, NM - For Sale

 Price: $1,882,350

Emmet Fallon
Property Type: 



The Property: 

Romero Ranch

Location, location, location.

7 Section both sides of I-40 frontage and access.

Income from sales of water and from billboards.

4,183 Deeded acres, 240 State Lease, and 129 acres private lease

Clean three bedroom two bath home in excellent condition.

Three sets of pipe corrals, four strong and shallow wells.

One well produces 100 GPM limited only by size of pump.

Driller estimated capability to be several times more.

This is a commercial well with state permit. Sales to contractors.

Scenic creek canyon produces lots of feed and live water.

Good barbed wire fences with cedar posts cut from the ranch.

A SCENIC ranch with views of New Mexico’s mesa country all around.

If you are tired of correcting previous owner’s mistakes, picking up trash,

and rebuilding run-down properties this is the ranch for you.

No deferred maintenance here.

Price: $450 per deeded acre. $1,882,350

Exclusive Listing Fallon-Cortese Land Fort Sumner, NM



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