Johnstown, Johnstown, NE 69214 - Brown County

View a video of this property here:[link removed] This is an impressive tract of Nebraska real estate, having over 1,252 acres of good, quality rangeland, and 300 acres of treed range with the Plum Creek running through it. This treed area is perfect habitat for White-tailed Deer, Mule Deer, and Wild Turkey, and they are here in abundance! The rest of the ranch is excellent Brown County grass. The range land is well cross fenced and has an ample supply of windmills, submersible wells and tank sites. The cattle often come down to water in Plum Creek itself. The homesite is just south of the creek. There are two houses, solidly built, but in need of a little work, as well as a large barn and various outbuildings. There is a nice Bar and Grill in Johnstown, just a few minutes away, and the town of Ainsworth with all its amenities such as groceries, gas, schools and more just a little further down the road. The Ainsworth Airport is within 15 minutes of the property. It has a 6,800 foot runway capable of accommodating private jets and aircraft. The ranch is currently leased to two different tenants. The grass will be available for possession during the 2018 grazing season and beyond. This is the first time this ranch has been available for sale since it was homesteaded by the families ancestors. Do not miss out on this excellent ranch with recreational benefits! Potential Cash Lease Income 1548 acres / 10 acres = 155 cow calf pairs. 155 x $55 per month per pair = $8,5255 per month. $8,525 x 5 months of grazing = $42,625 gross income ($10,547) Real Estate Taxes ($1,500) Insurance ($500) Fencing Supplies ($300) Mill/Submersible maintenance TOTAL NET INCOME: $29,778 Legal Description: Pt. S1/2 SW1/4 of 5-31-23, SE1/4, NQ/2SW1/4, NW1/4, NW1/4NE1/4 & S1/2NE1/4 OF 6-31-23, Brown County, Nebraska NW1/4,N1/2SW1/4 & SE1/4SW1/4 of 8-31-23, W1/2NW1/4 OF 32-32-23 E1/2NW1/4, NE1/4 & E1/2SE1/4 OF 17-31-23, E1/2NE1/4 & NE1/4SE1/4 OF 31-32-23, S1/2NE1/4,SE1/4NW1/4 &NE1/4SE1/4 1-31 ESTIMATED Taxes: $10,546.96