Hotton Quarter

Sold on October 3, 2018
from 6:00 PM to 6:00 PM UTC

location
County of Grande Prairie, AB
Sale Size
1 Parcel, null
Starting Bid
$460,000

If you're looking to invest in agricultural land, while enjoying the recreational possibilities it offers, the Crossroads is that textbook investment for your family. Only one-half mile from the outskirts of the City of Grande Prairie, this quarter has over 135 acres in total, with Bear Creek meandering through it.

Sale Details

hottonquarterbearcreekcrossroads-1-1
1 / 3

$460,000 Starting Bid

near County of Grande Prairie, AB

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Sale Description

[https://clhbidstorage.blob.core.windows.net/documents/Auctions/2d617bdc-ab2f-4268-136a-08d729a516ef/TinyMCEPictures/ecbc58fa-3e7c-457d-b50d-01fd5b6e83ac.jpg]The Crossroads is without a doubt one of the most assorted parcels of land in all of North Western Alberta.  Over one hundred and thirty-five acres in total, with approximately one hundred acres being highly productive black soil.  The property has Bear Creek meandering through its thirty-five acres of pristine natural area, which make up the south east quadrant.

A switchback in the creek itself serves to carve out a four-acre secluded park-like area that could double for hole number one at the Masters in Augusta.   A perfect place to build a recreational cabin on, only one-half mile from the outskirts of the City of Grande Prairie.   The Crossroads offers quick access to Clairmont to the east, the Emerson Trail to the north, Highway 2 to the south and expansive Bear Lake to the west.  

If you’re looking to invest in agricultural land, while enjoying the recreational possibilities it offers, the Crossroads is that textbook investment for your family. The Crossroads offers significant Surface Lease Revenue in addition to annual revenue from leasing out the cultivated acres. The current tenant is prepared to continue renting if a buyer so desires.  In addition to diverse rental income, a buyer can expect to realize on the appreciation of the land itself, with farmland in general increasing year over year, in the area of 8% per annum in Alberta, over the past several years.

The Crossroads will be offered for sale on CLHbid.com on October 3rd 2018 with a closing date of December 1, 2018.  The high bidder will be entitled to access the land for fall work upon payment of the 20% deposit on October 4th, 2018, subject only to the existing tenant having harvested the current canola crop.       


Hotton Quarter 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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