22 November, 2022 8:00 am
Farmers, Hunters, and Investors, don’t miss this great opportunity to purchase a quarter of land in Barnes County ND with a tripartite of income sources. This land sells with an existing lease in place on the cropped acres for 2023 and 2024. It also carries a $85/acre CRP contract on 22+/- acres and the entire quarter is subject to lease for an upcoming wind farm project. This is a rare opportunity to buy a piece of farm real estate with long term secondary and tertiary income. For a detailed Buyer’s Prospectus with complete terms and conditions contact Brad Olstad at Steffes Group, 701.237.9173 or 701.238.0240 or Martin Peterson 320.905.5325
BARNES COUNTY, ND LAND AUCTION
160+ ACRES
Land Located: from Tower City, ND, south 4 miles on 132nd Ave SE, west 1/2 mile on 38th St SE
AUCTIONEER’S NOTE: Farmers, Hunters, and Investors, don’t miss this great opportunity to purchase a quarter of land in Barnes County ND with a tripartite of income sources. This land sells with an existing lease in place on the cropped acres for 2023 and 2024. It also carries a $85/acre CRP contract on 22+/- acres and the entire quarter is subject to lease for an upcoming wind farm project. This is a rare opportunity to buy a piece of farm real estate with long term secondary and tertiary income.
OPENS: TUESDAY, NOVEMBER 22 AT 8:00AM
CLOSES: TUESDAY, NOVEMBER 29 AT 10:00AM
BARNES COUNTY, ND – SPRINGVALE TOWNSHIP
Description: NW1/4 Section 13-139-56
Total Acres: 160+
Cropland Acres:154.24+
CRP Cropland Acres: 22.56+
22.56AC @ $85/Acre or $1,918 annually. Expires 9/30/2031
PID #: 36-1320200
Soil Productivity Index: 55.6
Soils: Renshaw loam (41.4%), Hamerly-Wyard loams (24.6%), Vallers, saline-Parnell complex (11.5%)
Taxes (2021): $1,535.39
NO US Fish & Wildlife Easement
TERMS: Ten percent down upon signing purchase agreement with balance due at closing in 45 days.
For a detailed Buyer’s Prospectus with complete terms and conditions contact Brad Olstad at Steffes Group, 701.237.9173 or 701.238.0240 or Martin Peterson 320.905.5325
Paul & JoEllen Swenson, Owners