3.5% Return!
1,436.53 total acres
These 9 quarters of grain land are a great package for an investor or farmer. Although most of the land is in grain production there are 90 hay acres.
There is a lease on 3 of the quarters that expires at the end of 2022 and a separate lease on the other 6 quarters that expires at the end of 2023.
The total rental income for all 9 quarters is $67,287.50 (including GST) for the 2022 cropping season. The rent on the 6 quarters increases in 2023. This is approximately 3.5% of the listing price making it a great return on investment!
There is excellent road access to the land.
There are 2 2500 bushel grain storage bins on cement floors that are included in the sale.
Property Details
MLS: SK875098
Area: RM of Insinger #275 & RM of Good Lake #274
Type of Farm: Grain / Hay
Total Size: 1,436.53 acres (as per ISC)
Total Asking Price: $1,950,000
Check out the drone video below to access amazing footage of the entire property at a bird’s eye view!
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