Price: $3,000,000.00Virtual Tour: Virtual Tour
Acreage, Agriculture Business, Cattle Ranch, Commercial Acreage, Farm, Fishing Land, Home with Acreage, Ranch, Rural Business
Barn, Corrals, Feedlot, Fishing, Home, Hwy/County Rd Frontage, Irrigated, Livestock Scales, River, River Frontage, Water Rights
MLS Number: MT139369
Property Documents: N/A
Belfry Farm is located on the southern edge of the south central town of Belfry in Carbon County, Montana. This approximately 627-deeded acre farm is situated on the banks of the famed Clarks Fork of the Yellowstone River. With the headwaters originating in the Beartooth Mountain Range along the border of northwest Wyoming and south central Montana, the Clarks Fork River has historically provided consistent water flows for irrigation and recreational purposes.
With approximately 515 acres of irrigated crop land served by a combination of gated pipe and siphon tubes with solid water rights out of the Clarks Fork River, the Farm is a low overhead, high-production investment property. The irrigated crop land lies well allowing for long runs of uniform flood irrigation.
The Clarks Fork River corridor is known for its quality agricultural production and its relatively temperate climate. The consistent water and soil profile combined with cooler evenings and hot days create an ideal environment for reliable growing conditions and solid yields. Historically, the Belfry Farm has produced dependable yields on feed and silage corn, malt barley, beans, alfalfa, and alfalfa seed. The current tenant, who has been operating the Farm since 2006, has kept it in an excellent state of cultivation and would likely consider remaining with a new owner.
The Farm utilizes well-maintained facilities to run a successful operation with a functional shop, equipment storage, and grain storage and handling facilities. A small set of well-designed corrals including a 40,000 lbs. Fairbanks scale with an approximately 200-head feedlot provides the ability for an owner to run a small cattle herd while operating the farming operation.
Two modest but well-kept farm houses are also located at the farm facilities. Currently both homes are rented to local families, providing consistent rental income throughout the year.
The Belfry Farm currently yields approximately $108,000 annually, providing an attractive and diverse income stream generated by a strong farming component, fall livestock grazing, and rental income from two homes. The consistent income stream currently being generated by the Farm is an attractive option to investors weary of riding the S&P rollercoaster of the past number of years. The security of owning income producing, commodity-based real estate in ones portfolio is the modern day gold standard.