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Agriculture, Real Estate

Price Improvement – Grain Land in the RM of Tullymet #216

Price Improvement – Grain Land in the RM of Tullymet #216

This single quarter of grain land is located in the RM of Tullymet #216, approximately 10 miles south east of the town of Ituna.

There is a strong rental agreement in place making this investment great for investors! The rental agreement is in place until March 31, 2028. The annual rent is $9000 plus GST with 50% payment by April 30th and 50% payment by October 31st. The tenant has ROFR.

There is good all season access to this land.

There is a grain storage bin on the property included.

160.31 Total Acres (ISC), 105 Cultivated Acres (SAMA), 55 Wetland/Bush Acres (SAMA), 142,600 Farmland Only Assessed Value (SAMA), 1,678 Per Total Acre (ISC), 2,561 Per Cultivated Acre (SAMA), 1.8 times the Assessed Value, Crop Insurance Soil rating is G.

Attention Investors - Good Return!

Property Details

MLS:

Area: RM of Tullymet #216

Type of Property: Grain

Total Size: 160.31 acres (as per ISC)

Total Asking Price: $269,000

Check out the drone video below to access amazing footage of the entire property at a bird’s eye view!

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single quarter