$2,900,000, 3 Beds 2 Baths 1,300 Sqft 1435 Acres
About This Property
Full 9 quarters excellent quality land for sale, with 8 oil wells and two surface leases! Land is located north east of Estevan. There are 8 oil wells and two surface leases. Currently, these oil wells & surface leases are generating $26,600.00/year. There are 2 reasons to say maybe there will be more oil well & surface leasing incomes in the future, the oil companies may drill more new oil wells , and you probably will be been paid higher in the future. The land is perfect for farmers and investors. First, land is very close to each other with higher assessment value, so it will produce more quality crops. Second, all oil wells and surface leases will be sold with land together. One beautiful large raised bungalow house, 8 outbuildings (not include buildings without value), 18 bins, three fuel tanks will be sold with land together. The buyer will get 9 full quarters land, 8 oil wells lease, two surface leases, plus all buildings and bins. The building size are 152(D) x 63(W) x 16(H), 48x152, 42x220. The home yard also have 33x84, 30x50, 27 x24 shops, 45x50 Quonset, 42x54 open front shelter. 4 corrals with heated wear bowls for cows. The buildings could be used for multiple purposes, e.g. farming machinery’s storage (for yourself or lease out), RV / boat storage, raising animals..... Land is located in RM 34, south-east of Saskatchewan, in dark brown soil areas, so it has a longer growing days which is good for crop or raising cows. Currently, the owner is a local farmer he lives in Saskatchewan for his whole life. He is using these land for his grain production and raising cows. So, this is a rare opportunity, turnkey farm, and you can move in then develop your new career. This beautiful cedar siding house has a big living room and kitchen, 3 bedrooms, 2 bathrooms 2 nice decks. The mature trees provide shelter and beauty to this rural site. During the past few years, some land within this RM have been sold for up to half million for one quarter! call agent today
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