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Property: # 230

Area: 4110 Acres (1664 Hectares)

Property Highlites: This property is a functioning ranch with Class 2 and 3 soils in shallow valleys that are farmed and Class 4 and 5 soils in the rolling hills that are used for cattle grazing. The property fronts 1,800 feet (540 meters) on the Rio Sauces and has good ground water at shallow depths between 12 and 30 feet. The property supports the complete cow cycle, from cow/calf to fattening for sale. The climate of the area will support soy, corn and alfalfa, among other crops. The property has titles for 3460 acres and the remaining 650 acres is held “by possession”, which is common in Argentina and is the result of hundreds of years of land passing without formal titles. Land held by possession can be vetted by an attorney prior to purchase and can almost always be converted to titled land in 8 to 15 months at a very low cost.

Location: The property is located 9 miles south of the town of NoNo and 11.5 miles south of the town of Villa Cura Brochero, on the west side of the Sauces River. The provincial capital of Córdoba is about 100 miles away and has an international airport.

Terrain: The property is on the edge of a valley and has low rolling hills, shallow but very fertile valleys and some low mountainous areas with exposed outcroppings of rock (granite, quartz and various other igneous and metamorphic rocks). Vegetation in the area is substantial, with trees tending to grow in the valleys where drainage provides more water and low brush growing on the rolling hill sides. The land supports pasture grasses well.

Cattle: The property is approximately 80% developed now and supports about 600 mother cows (about 7 acres per cow). The current cattle population on the property is 100 calves, 11 bulls, and about 490 cows. Complete cattle handling facilities are on the property and in good condition (corrals, loading chutes, dipping stations, etc…).

Agriculture: Currently there are 111 acres (45 hectares) of Monarch alfalfa (Group 8) being cultivated. There are also 148 acres (60 hectares) of corn (maize) being cultivated as well. There are abundant natural grasses in the hills and valleys. The current annual yield of maize is approximately 2.2 tons per acre, or 325 tons total. The alfalfa yields nine to ten cuttings per year on average.

Fencing: The property is perimeter fenced with 5 strand fencing wire and in areas where there is too much rock to make fencing cost effective, traditional rock walls are used. The fencing is all in good shape. The property is divided into 15 separate sections, 4 of which are quite large and managed with electric fencing powered by solar panels.

Water: The property has good underground water and currently has 3 windmills drawing from a depth of about 25 feet (7 meters). These windmills feed into a water storage tank and then into watering troughs for the cattle. In some areas of the property, the water table is only 7 to 10 feet deep (2 to 3 meters), which allows for the expansion of alfalfa farming. There are also a number of springs that flow during the summer months and a wet weather (summer) stream at the southwest limit of the property.

Rainfall: The annual rainfall in the area averages about 32 inches.

Electricity: There is currently single phase electricity on the property. It is possible to upgrade the electrical system to 3 phase.

House/Buildings: The property has a 3 bedroom 2 bathroom house of approximately 1,600 square feet (150 sq. meters) with a living room, kitchen/dining room, washroom and large old trees providing summer shade. There is a storage shed (non-walled) measuring 40 feet by 50 feet (12 by 15 meters) currently used for sheltering tractors and other machinery. There is also a store room/workshop of 33 feet by 30 feet (10 by 9 meters) that has a roof in need of repair, and another small cabin 20 feet by 15 feet (6 by 4.5 meters) that is used for storage.

Development Potential: Although a substantial amount of the property is already being cultivated, there is the option of clearing another 600+ acres of valley bottom lands with rich soils, which opens up numerous possibilities for both cattle and agriculture operations, including a feedlot operation. Land clearing can be done manually at a low cost and the trees removed have value as fence posts and firewood.

Price: $650,000 US Dollars (about $159 per acre, or $390 per hectare)

Option: The property may also be purchased with all equipment and cattle in place