Two long–time SE Valley investment entities with a habit of buying/selling partial interests of various properties between themselves just transacted part of a large 11 Mile Corner area farm:
- Feb 16 2022
- 1,072ac farmland
- East of Tierra Grande; fronts west side of 87 south of 287
- across 87 from Saint solar farm
- Partial interest (5.7%) transferred
- $1,100,738 / 5.7% = $19,311,193 or $18,000/ac effective
- Buyer and seller related; long-time SE Valley farmland investors (Bowden, Barney, Cardon, Hiatt)
