3 Quarters Of Rm No 257, Monet, Saskatchewan S0L 0Z0

Property Description

Current lease will expire on Dec 31 of 2024, ready for farmers to buy and farm in 2025. Total rent is $55,400 per year, Cap at asking price is 3.26%. -- Soil Classes are F, E and H -- Total cultivated acres as per SAMA are 454. Total assessment is $732,800. -- Average assessment per 160 acre is $ 244,776 -- Average cultivated acres per 160 acre is 151.3. Land has been well farmed for many years. See Additional Media section for lease info 1, Farmland Lease info: yearly rent is $40,000/year. lease will expire on Dec 31 of 2024. 2, Oil Surface Leases on land: Revenue from current oil surface leases: approximately $15,400 / year. There are 4 oil leases on the land, two leases were signed in 2015 and the other two leases were signed in 2021. 3, Facility info : There 6 metal grain bins on NE 17-25-17 W3, all hopper bottom, approx. 25,000 bushel in total. One Quonset on NE 17-25-17 W3. Additional 25 Quarters are also available, just 6 miles north of this package.