AgriBusiness Trading Group and Peoples Company are pleased to announce a farm sale of six non-contiguous Columbia Basin, Washington farm ground tracts in Mattawa and Pasco, Washington.
The tracts in this portfolio will be sold via a sealed bid offering and may be purchased individually, in any combination of multiple tracts, or all together as a single asset. The Seller will consider all bids and combinations thereof. All bids are due by Tuesday, May 6 at 4:00 PM (PT).
The tracts range in size from 72.14 to 630.77 +/- deeded acres, with four of the tracts currently operated as irrigated vineyard properties by the landowner. Additionally, two idle tracts may be suitable for future agricultural development, residential development, and/or recreational use (subject to Grant County approval).
Irrigation water for the vineyard tracts is provided through surface water rights from the South Columbia Basin Irrigation District (SCBID). Some of the tracts and their associated water allocations are still subject to the acreage limitations of the Reclamation Reform Act (RRA) with various payoff dates. According to the NRCS, annual precipitation across the tracts ranges from 6 to 9 inches.
Farmland in the Columbia Basin is a highly sought-after asset, typically passed down through generations or sold behind closed doors and seldom offered for sale on the open market. This portfolio of farm ground would make an excellent addition to an existing farming operation or potentially serve as a smart investment opportunity for a Buyer looking to diversify their portfolio.
The total acres included in the sale of this asset are subject to pending boundary line adjustments being completed by the Seller on Tract 3. All pending boundary line adjustments will be finalized and recorded prior to closing on the affected tract.
For more information and to request the full information package, please contact Adam Woibet or Steve Bruere.
Walla Walla, WA