Detailed Description
Selling ONLINE Feb 22, 2023. 'Silverwood Junction' will be offered for sale by CLHbid.com by way of ONLINE electronic tender from 9am-10am MST.
The price listed is the Starting Bid - see website for details.
https://www.clhbid.com/auctions/SilverwoodJunction
Positioned at the junction of Range Road 60 and Township Road 772, you will find a complete 160-acre quarter known as ‘Silverwood Junction.’ Situated in the prime farming area of Silverwood within the MD of Spirt River, Alberta, this is grain marketing made easy; there are major grain terminals just 5 miles northeast of ‘Silverwood Junction.’ Courtesy Corner, a major highway transportation intersection, is located just 3 miles beyond the closest terminal. The quarter comes fenced with four-strand barbed wire, and in testament to the abundance of game in the area, segments of the top wire need repair from game crossing.
A slight draw runs diagonally (northeast-southwest) across the NW LSD of the quarter and this area accounts for a significant portion of the approximately 25 acres not under cultivation. With some work, more acres could be cropped with an open swale, as one can see when looking at the quarters that share the same drainage to the west and the north. With a Starting Bid of $2,300 per cultivated acre, or a mere 60% of land that recently sold 6 miles to the southeast across Highway 2, ‘Silverwood Junction’ is priced to sell. Land of this quality in central Alberta would sell for multiples of the Starting Bid, all while yielding the same returns. Opportunities to purchase in this area are infrequent, as the last names on the ground tend to remain the same for generations. If you are looking to add to your bottom line, you will want to take advantage of this once-in-a-lifetime opportunity.
‘Silverwood Junction’ is being offered for sale via online electronic tender by CLHbid.com. Please check the website for updates from time to time.