Half Section GRAINLAND FOR Sale RM of Caledonia No. 99

$499,000.00

Legal Descriptions: NW 12-11-19 W2, SW 12-11-19 W2. Are you looking for heavy clay soil land? This land has 303 cultivated acres on 320 acres. All of the cultivated acres are heavy clay soil, prime grain land, flat, stone free and open field. Seller states 300 cultivated acres on 320 acres, cultivated rate 93.7%. Land is in excellent condition, as it produces much better than the SCIC soil class reflects. Even in dry years like 2020, it still yielded about 50-60 bushels of wheat on average on this land. Total assessment $302,100, average $151,050 / quarter. Asking 1.65 times of 2017 assessment, asking $1,663 / cultivated acre (as per owner), asking $1,727 / cultivated acre ( as per SAMA). Land is open for farmers to buy and seed it this spring. A good opportunity for investors to buy and get rent on closing. The area rent for land like this is $55 to $65 (2021 rental rate). A couple of local farms are ready to rent this land at the area rental rate for a long term lease. Qing Zhang, top 3 of Royal Lepage Agents Sask 2020. Royal Lepage Landmart Realty, Moose Jaw, Saskatchewan. Cell: 306-684--0136.

Listing details
Acres 320
MLS Number SK841987
Website https://auction.extracre.com/Listing/Details/195803/
Posted February 22, 2021 in Manitoba Co-operator, The Western Producer, Alberta Farmer Express, Farmtario
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