Great opportunity to purchase one quarter section with oil surface lease revenue and good access located near North Portal, SK. The land is currently in grass but could be put back into grain production as the land is suitable for growing crops. The soil class is rated "K" by SCIC. SAMA field sheets identify 150 cultivated acres, Buyer to do their own due diligence regarding the number of acres that are suitable for crop production. The land is flat with moderate stones (as per SAMA field sheets). Annual Oil Surface Leases generate $7,500 annually and are to be assigned to the Buyer. This quarter would make a good addition to an existing land base in the area or be a good investment property with multiple income streams. The land is flat with moderate stones (as per SAMA field sheets). (id:13843)
MLS# | SK981142 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 250 |
Listing Provided By | Sheppard Realty | Justin Sheppard |
Acreage | 155.23 |
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Province | SK |
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City | Coalfields Rm No. 4 |
Postal Code | S0C1W0 |
Listing VS Median (in S0C1W0) | |
Price: $399,900 low | high Med: $69,000 On site: 250 low | high Med: 275.000000 |