County Line Investor

Sold on October 2, 2024
from 8:00 PM to 9:00 PM UTC

Location
Elk Point, AB
Sale Size
1 Parcel, 159 ± Acres
Final
$910,000

159 Acres selling as 1 Parcel located 14 miles SE of Elkpoint, Alberta, within the County of Vermilion River. Situated at the intersection of the counties of St Paul, Vermilion River, and Two Hills, this Parcel comes with significant Surface Lease Revenue. 16 of the 18 leases are strategically placed in four well-defined rows, minimizing any adverse effects and leaving approximately 144 acres under cultivation.

Sale Details

Web-CountyLineInvestor-13
1 / 16

$910,000 Final

for 159 ± Acres near Elk Point, AB

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Legal Land Descriptions

NW-24-55-6-W4158.97 Acres

Sale Description

‘County Line Investor’ is comprised of 159 acres of farmland located 14 miles southeast of Elk Point, Alberta, within the County of Vermilion River. Positioned at the intersection of the counties of St Paul, Vermilion River, and Two Hills, this quarter generates significant Surface Lease Revenue.

County Line Investor

County Line Investor

Sixteen of the eighteen leases are strategically placed in four well-defined rows, minimizing any adverse effects and leaving approximately 144 acres under cultivatation. The operator, CNRL, has given notice of intent to reclaim fourteen of the eighteen lease sites, however the end date for that to take place is still uncertain. When you consider the current annual lease payments, and factor in a realistic date for reclamation, you may find that the Surface Lease payments are your next best friend whilst paying off ‘County Line Investor’. The CNRL lease income is a bonus when combined with the low starting bid to purchase the quarter. Drive a short distance south in Vermilion River County and you will see quarters of land that have sold for multiples of the starting bid set for ‘County Line Investor’.

The entire quarter is well drained with virtually no waste acres. All 159 titled acres, whether in crop or leased to CNRL, will give you a return on your investment. It is worthwhile to note that Vermilion River County is recognized as one of the more productive agricultural regions in Western Canada. The area is known for its good average annual rainfall, and has fertile soil for production. As the saying goes: just add water.


County Line Investor is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.

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