Play The Double

Sold on November 17, 2021
from 5:00 PM to 5:00 PM UTC

Location
Viking, AB
Sale Size
1 Parcel, 320 ± Acres
Final
$645,000

Two Quarters selling as one Parcel located at the gateway to prime farmland just 6 miles northwest of Viking, Alberta. With a low starting bid and passive income from Surface Lease Revenue and Pasture Rental, this land must be seen to be believed.

Sale Details

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Sale Description

Click here for directions

Click here to view the Surface Lease Revenue.

Click here to view the Purchase Agreement (also in the Parcel Details section) to see the specifics of the offer.

Here are two-quarters of farmland located just six miles northwest of the Curling Arena in the town of Viking, Alberta.  These quarters are located on the farmland side of an area with ranch land situated to the West and prime farmland to the East. 

The economics of this half section are rock solid with Surface Lease Income in the amount of $3,800 per annum - before you even start an engine.  Add this to the current pasture rental of $1,500 per year, and the aggregate passive income covers a significant portion of the interest on any mortgage. ‘Play the Double’ is truly that swing half-section; the high bidder will have the hammer when deciding the highest and best use to make of these two quarters.  This half-section of land offers the perfect opportunity to produce silage and run livestock, or throw some weight to the inputs on the 250 acres of cultivated land and reap the benefits coming home.  At today's commodity prices, coupled with advances in agronomics over the past 20 years, you may find that ‘Play The Double’ turns a better profit at the end of the season than investing in land that might sell for multiples of the Starting Bid for this half-section.

‘Play the Double’ is located in an area of strong demand, and although short of rain this year, this half section has produced winning oat and canola crops in recent years.  If you believe in global warming and the grain belt moving north, the future of this half-section will be of keen interest to you.  While ‘Play The Double’ still needs rain, the heavy soil ensures it can bank the moisture and produce big crops without weekly showers.  Add these 250 cultivated acres to your existing land base without adding any additional equipment, and see the profit go straight to your bottom line.  The gross value of just two 60-bushel canola crops slides you nicely over the low Starting Bid for ‘Play the Double.’ 

The northwest quarter offers the ideal spot to build that sizeable rural estate; the future buyer may even want to consider subdividing off the site in the northwest corner that already has access to existing power and a water well.  This idyllic building site would be situated just 2.5 miles north of Highway 14.  Significant investment has been made in new fences around the 30 acres on this quarter.  These two quarters are truly team players and both will do their part to offer any buyer a winning experience for decades to come.

'Play The Double' is being offered for sale by way of electronic tender by CLHbid.com.  Please check back for updates from time to time.


Play The Double 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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