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RENTAL AUCTION EVENT CLOSING OCT 26TH (Closed #421982)

This Auction Uses Proxy Bidding.
Ended

Rental Auction 14 Q Grain Land RM 277 RM 307

Elfros Sk

  • Sold Winning Bid: $137.50
  • 44 Bid(s) Reserve Price Met View Bid History
  • High Bidder: SKfarmer77
Details
  • Major Use Grain Land
  • RM Name Elfros Rm No. 307 and Emerald No. 277
  • RM Number 307
  • Legal Descriptions NE 32-30-14-2, SW 32-30-14-2, SE 22-31-14-W2, SE 21-31-14-W2, E 1/2 15-31-14-W2, E 1/2 16-31-14-W2, ALL 17-31-14-W2, N 1/2 23-31-14-W2
  • Lease Type Cash Rent
  • Lease Start Date Wednesday, January 1, 2025
  • Total Land Area in Acre 1,918.5
  • Bins Included none
  • Outbuildings Included none
  • Nearest Town Elfros SK
  • Directions see marks on google map
  • Map URL https://www.google.com/maps/d/u/0/embed?mid=1FS5hxA1FilSve258doYBgKz8J2moOvc&ehbc=2E312F
  • Tags farm land for rent, farmland for rent, grain land for rent, crop land for rent, rm of Elfros, RM no 307

  • Lot # 03
  • System ID # 435763
  • End Date
  • Start Date
Description

1917 acre Grain Land RM 277 RM 307. Located 4 miles south of Elfros, then 1 mile west of HWY No 35.
Average assessment /160 acre  is $213,633.  Soil class is F and G.  Average cultivated acres / 160 acre is 136.7.

Please be advised that:  All the grain bins and a shop on NE 32-30-14 W2 are not owned by the landowner, and will not be included in the rent.

Large drone photos:
https://drive.google.com/drive/folders/17xZhNwWJaZ8WVSQBTJ-xK6MJOZZ1N6IT?usp=sharing
(copy the above link and paste it to web browser)

 

Parcel Info:

legal assessment soil class cultivated acres waste total
SW 32-30-14 W2 $221,800.00 G 145 15 160
NE 32-30-14 W2 $223,900.00 G 135 25 160
SE 17-31-14 W2 $121,300.00 F 69 11 80
SW 17-31-14 W2 $110,400.00 G 64 16 80
NE 17-31-14 W2 $179,300.00 G 135 25 160
NW 17-31-14 W2 $211,400.00 G 130 30 160
SE 16-31-14 W2 $118,800.00 F 68 12 80
NE 16-31-14 W2 $208,800.00 G 122 38 160
SE 21-31-14 W2 $229,500.00 G 142 18 160
SE 15-31-14 W2 $114,300.00 G 64 14 78
NE 15-31-14 W2 $240,900.00 G 155 5 160
SE 22-31-14 W2 $190,600.00 G 130 30 160
NW 23-31-14 W2 $176,800.00 G 147 12 159
NE 23-31-14 W2 $211,800.00 G 132 28 160
Total $2,559,600.00   1638 279 1917

 

Lease Terms:
1, Bid is the rental per acre per year. Annual rent will be winning bid times 1638 acres (not actual seedable acres). It is bidder's responsivity to find out how many acres that are suitable for cropping before they bid.
2,  Lease will start  from Jan 1st of 2025 .
3, 3 to 5 year lease, selected bidder's choice.
4, Two Payments per year. 50% on April 1st , and balance Oct 15th. 
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 cropping..

Auction Terms and Conditions:
-- WARNING - PLEASE READ THIS CAREFULLY BEFORE BIDDING!
-- 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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