miller-orchards - page 4

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FOR SUPPLEMENTAL INFORMATION
The community of Cove in recent years has also grown in
popularity due to its exceptional natural beauty overlook-
ing the Grande Ronde River Valley and its location at the
southwestern edge of the Eagle Cap Wilderness which is
known for hiking, backpacking, camping, horseback rid-
ing, hunting and fishing. It has excellent proximity to the
City of La Grande and I-84, which is a 20 minute drive
from the property.
The 169± acre Miller Orchards property has 20± acres that
has buried mainline and could be planted for additional
orchard production. There are no existing water rights for
this acreage. There are several excellent view home sites
that could be developed for an owner’s residence with
land that could also accommodate a horse barn and arena.
The seller has a Published Reserve Price for the auction of
$995,000 or over a 30% price reduction, providing a sig-
nificant investment opportunity to acquire the entire 169±
acre property with 123± acres of orchards, priority water
rights for irrigation, complex of office/warehouse/the sea-
sonal employee housing, all at a price of less than $5800
per acre.
Equipment is inventoried and available for purchase to the
buyer, providing a turnkey operation. The purchase of the
equipment is not included in the sale.
Northwest Farm Credit Services is the preferred lender
with attractive financing available to a new owner as an
added incentive to accelerate a sale, with closing in Octo-
ber 2013.
THE LOCATION
The small community of Cove is located in the Eastern
section of the Grande Ronde River Valley approximately
16 miles east of La Grande, and is along the foothills of
the Wallowa Mountains. The City of La Grande, County
seat of Union County, is home to Eastern Oregon Univer-
sity and has a historic commercial district which has been
listed on the National Register of Historic Places since Sep-
tember of 2001. Cove has been a fruit production center for
over 100 years. Today there are approximately 500 acres
of commercial orchards on the hillsides above the town.
Livestock production, wheat, mint and a variety of other
crops make up the remaining farm operations. The Cove
Cherry Fair, established in 1910, occurs every August, cel-
ebrating the rich local history of the surrounding orchard
operations. Cove is located at the south edge of the Eagle
Cap Wilderness with the Moss Springs Trailhead off For-
est Service Road 6220 a 10 minute drive from the property.
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Oregon and Washington are the largest producers of cherries in the
Western United States
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