Turning Point at Mannville - Mannville, ABView Parcels for Auction
Turning Point at Mannville - Mannville, AB Sold - AB
Sold on February 28, 2022
Three contiguous quarters selling as two parcels near Mannville, Alberta. With cultivated acres and Surface Lease Revenue, this is the perfect land base to start a new farm or add to existing acres.
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Click here to view the specific details in the Offers to Purchase for Parcel 1 (option to purchase parcel with the Farmstead), Parcel 1 (option to purchase the parcel without the Farmstead) and Parcel 2.
The Kufeldt family farm has been part of the fabric of the Mannville community for generations. After decades of managing this mixed farming operation and enjoying the results of all their hard work, the Kufeldt family has hit the turning point and the time has come to sell. ‘Turning Point at Mannville’ offers three contiguous quarters just west of Mannville, Alberta, and is located less than one mile north of the major Trans-Canada Highway 16, also known as the Yellowhead Highway.
‘Turning Point at Mannville’ will be sold as two parcels. PARCEL 1 consists of two full quarters running on the East-West axis. This half-section boasts 220-acres under cultivation, Surface Lease Revenue, and a great area on the west end of the half that could be used for pasture. The southeast corner of this half section encompasses the Kufeldt home site: on sale day the high bidder will have the option to purchase the home site and buildings for an additional $200,000 on top of the high bid. If the high bidder does not exercise this opportunity, the area around the home will be subdivided from the half-section at no cost to the new owner. The home site includes a mature shelter belt, a solid farmhouse with a detached garage, a shop and other assorted outbuildings. With great husbandry from the Kufeldt family, this home place would be hard pressed to replace. Mature trees in combination with the private location and proximity to town makes this spot truly special.
PARCEL 2 consists of 64 cultivated acres and the perfect area for pasture and recreational use on the west side of the quarter-section. Surface Lease Revenue on this quarter solidifies a good return on investment and there is one small 5.35-acre subdivision out of this quarter for the compressor site.
‘Turning Point at Mannville’ is the perfect land base for the prospective buyer. It offers land that has been farmed with great care, proximity to elevators and auction marts, all the amenities one could hope for and just under $10,000 in annual Surface Lease Revenue. ‘Turning Point at Mannville’ is the ideal spot to raise a family, start a new farm or add to an existing land base – all within minutes of the Village of Mannville. Located on the junction of Highway 16 and Secondary Highway 881, Manville is situated 83 kilometers west of Lloydminster and 181 kilometers east of Edmonton. It is surrounded by scenic river valleys and beautiful rolling fields and provides a picturesque view of rural Alberta.
With the low starting bids under $1,900 per acre, this is sure to be a positive investment for any farmer in this area of the province. Buy a fantastic land base that has been set up properly, all with the opportunity to include the yard site and the additional buildings.
'Turning Point at Mannville’ is being offered for sale by way of online electronic tender by CLHbid.com. Please check back for updates from time to time.
OPTION TO PURCHASE ENTIRE 159 acres +/-: High bidder of Parcel 1 (being the NW 27-50-9-W4TH and the NE 27-50-9-W4TH) shall have the option to purchase the entire 159 acres +/- with the farmstead by paying an additional $200,000.00 over the high bid. Notice of intent to exercise the option shall be by email to firstname.lastname@example.org within 2 hours of the high closing bid on auction day. If the high bidder elects not to purchase the farmstead, closing of the land shall occur on April 4, 2022 with existing title of 159 acres +/- being transferred to the high bidder subject to a caveat protecting the owners right to subdivide and obtain title to the farmstead upon registration of the plan of subdivision.