Forty irrigated acre hay and horse farm located 1.5 miles south of Fort Sumner, NM in the beautiful Pecos River Valley. Located on a paved state road with all utilities. Abundant low cost water $22/acre annually. Flood irrigated - no pumping. Laser leveled deep rich soil. Newer concrete ditches. Entire farm has been planted in new alfalfa fall of 2010. Five to six cuttings from long growing season. Excellent improvements well maintained or new. Small stucco house. Large barns. All steel hay barn 50'x100'. Steel barn or shop 35'x45'. Garage. 5 covered extra large horse stalls. Large solid steel round pen. Pipe corrals. $380,000