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

This Auction Uses Proxy Bidding.
Ended

Rental Auction 4 Q Grain Land RM 257

Elrose SK

  • Sold Winning Bid: $127.00
  • 73 Bid(s) Reserve Price Met View Bid History
  • High Bidder: 444220
Details
  • Major Use Grain Land
  • RM Name RM of Monet
  • RM Number 257
  • Legal Descriptions NE 34-26-17 W3, SE 34-26-17 W3, NE 27-26-17 W3, NW 27-26-17 W3
  • Lease Type Cash Rent
  • Lease Start Date Wednesday, January 1, 2025
  • Total Land Area in Acre 640
  • Bins Included 4 steal bins , 13,00 bushel in total
  • Nearest Town Elrose SK
  • Map URL https://www.google.com/maps/d/u/2/embed?mid=1ORtPCcPJqiNWaIFghl9rI5U_qti-bdZO
  • Tags Farmland for rent

  • Lot # 03
  • System ID # 432166
  • End Date
  • Start Date
Description

There are 3 grain bins on the land that are to be included in the rental, 2 flat bottom, one hopper, in total 9,750 bushel.

Legal Desc Assessment Soil Class Cultivated Acres Native Acres Waste Acres Total Acres
NE 34-26-17 W3 246,800 E 149 0 12 161
SE 34-26-17 W3 $268,300 E 157 0 2 159
NE 27-26-17 W3 $284,200 F 159 0 0 159
NW 27-26-17 W3 $214,500 H 137 0 23 160
Total 1,013,800   602 0 37 640

Lease Terms:
1, Bid is the rental per acre per year. Annual rent will be winning bid times 602 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, There are 3 grain bins on the land that are to be included in the rental.

 

Terms and Conditions:
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-- Extended Bidding is effective. Check event details for Auto Extend Increment.
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