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RENTAL AUCTION EVENT CLOSING NOV 02ND (Closed #424824)

This Auction Uses Proxy Bidding.
Ended

Rental Auction 6 Q Grain Land RM 257

Elrose SK

  • Sold Winning Bid: $130.00
  • 54 Bid(s) Reserve Price Met View Bid History
  • High Bidder: 444220
Details
  • Major Use Grain Land
  • RM Name RM of Monet
  • RM Number 257
  • Lease Type Cash Rent
  • Lease Start Date Wednesday, January 1, 2025
  • Total Land Area in Acre 960
  • Bins Included 8 Grain Bins, 36k bushel
  • Nearest Town Elrose SK
  • Map URL https://www.google.com/maps/d/u/1/embed?mid=1NU2r1JGRmr1mF0pYI9E5WhzHAz_eTAej
  • Tags farm land for rent, farmland for rent, grain land for rent, crop land for rent, rm of Monet, RM no 257

  • Lot # 01
  • System ID # 431202
  • End Date
  • Start Date
Description

There are 8 grain bins that will be included in the rental, 4,000 bushel each.  These 8 bins are located on the bin yard on SE 5-27-17 W2(the East row of bins on the bin yard are to go with this land.)

Legal Desc Assessment Soil Class Cultivated Acres Native Grass Waste Acres Total Acres
SE 3-27-17 W3 $257,900 E 150 0 11 162.77
NE 3-27-17 W3 $286,700 E 161 0 0 161
SE 10-27-17 W3 $300,500 E 160 0 0 160
NE 10-27-17 W3 $221,000 G 123 25 12 160
NE 9-27-17 W3 $219,200 J 141 0 20 161
NW 36-26-17 W3 229,900 G 144 15 2 161
Total $1,515,200 0 879 40 45 965.77

Lease Terms:
1, Bid is the rental per acre per year. Annual rent will be winning bid times 879 acres (not actual seedable acres). It is bidder's responsivity to find out how many acres that are suitable for grain production before they bid.
2,  Lease will start  from Jan 1st of 2025 .
3, 3 to 5 year lease, selected bidder's choice.
4, Two rent 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. Bidder selection process will follow the close of the auction.
6,Cultivated acre is as per SAMA sheets. It is bidder's responsibility to  find out the number of acres that are suitable for grain production.
7,  8 grain bins are included in the rental, 4,000 bushel each.  These 8 bins are located on the bin yard on SE 5-27-17 W2(the East row of bins on the bin yard are to go with this land.)

Auction Terms and Conditions:
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-- See individual lot for exact bidding starting and closing times.
-- Extended Bidding is effective. Check event details for Auto Extend Increment.
-- You cannot change or remove bids once you submit them. Bidders should review the lot description as well as their bid amounts. However, higher bidders can change their Maximum Bid down to the current price of their lot.  

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