SK Farmland With Oil Revenue **SOLD**

1,440 Acres Sold near Lake Alma, Saskatchewan

Cultivated Acres – 1050 acres out of 1280 good
Taxes
NE 9-1-16 – $269.95
SE 16-1-16 – $206.34
NE 15-1-17 – $126.44
SE 15-1-17 – $178.41
SE 22-1-17 – $193.93
SW 23-1-17 – $291.67
SW 23-1-14 – $10.12
NW 24-1-17 – $267.62
SE 24-1-17 – $169.25
SW 24-1-17 – $304.08
Total = $2017.81
Gravel what is potential – 265,000 yards ( $2 /yd)
Oil what is the revenue current – $13,810.00. Renegotiating for lease amount: increases in process. approx 20k/yr . 5 current wells with oil properties all around and more going to be drilled
Land Rental: Good farmer to rent land long term 10 years starting at $15 / acre and working to $20 / acre over 5 yrs. Seeding $1000 acres approximately will be an average of $17,000 + $18,000 (oil) for 5 yrs is $35,000.00 income. (not including gravel)

Return on Investment now is over 5% and with gravel and increased acre rental and gravel as well as other wells that could be put on the land this has good potential for future income growth.

Details

Property Photos