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RENTAL AUCTION EVENT CLOSING JAN 11TH (Active #448486)

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Rental Auction 4 Quarter RM 277

Bankend SK

Current Price $50.00 ( ) Reserve Price Not Met
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Minimum Bid $51.00
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Remaining Time 21 Days, 8 Hours
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Details
  • Major Use Grain Land
  • RM Name Emerald No. 277
  • RM Number 277
  • Legal Descriptions SW 24-28-14 W2, NW 12 28 14 W2, SW 12 28 14 W2, SW 21-29-13 W2
  • Lease Type Cash Rent
  • Property Taxes 0
  • Lease Start Date Wednesday, January 1, 2025
  • Total Land Area in Acre 623
  • Bins Included none
  • Outbuildings Included none
  • Nearest Town Bankend
  • Directions see marks on google map
  • Map URL https://www.google.com/maps/d/u/0/embed?mid=1aFtGcgE0I79xZqgRwpDUO9eOrPTAqPs&ehbc=2E312F
  • Tags farm land for rent, farmland for rent, grain land for rent, crop land for rent, rm of Emerald No. 277

  • Lot # 02
  • System ID # 449110
  • End Date
  • Start Date
Description

3 quarters are located 5 mile south of Bankend SK, and 1 quarter is 2 miles east of Bankend SK. .
There are 500 cultivated acres as per SAMA. It is bidder's responsibility to very the number of acres that are suitable for grain production.

Crop History of W 1/2 of 12-28-14 W2: 2022 summer fallow, 2023 mustard, 2024 summer fallow.
crop history of SW 21-29-13 W2: 2022 fallow, 2023 canola, 2024 oats.
Crop history of SW 24-28-14 W2: 2022 to 2024: alfalfa.

Lease Terms:
1, Bid is the rental per acre per year. Annual rent will be winning bid times 500acres, regardless of the number of acres that can be seeded.
2,  Lease will start  from Jan 1st of 2025 .
3, 3 to 5 year lease, winning bidder(or selected bidder)'s choice.
4, Two Payments per year. 50% in April, and balance in Nov.
5, Winning bidder will not necessarily be accepted as tenant. Subject to review & approval of Winning Bidder's Renter Profile.

Parcel Info:

RM legal desc Assessment SOIL CLASS CULT ACRES WASTE ACRES TOTOAL ACRES
277 SW 24-28-14-2 $193,500 G 120 40 160
277 NW 12 28 14 W2 $210,700 G 135 25 160
277 SW 12 28 14 W2 $183,400 G 115 28 143
277 SW 21-29-13 W2 $217,700 G 130 30 160
Total Total $805,300   500 125 623

 

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