Sold
Tillable Tract With Good CPI And Easy Access
Acreage
80 ±
County
Marshall
SOLD
Address 270th St NW, Lot#WP001 Alvarado, MN 56710
View on Google MapsDescription
This 80+/- acre tract is currently being farmed and has a CPI of 78. This would be a great addition to a farm already in the area or a great piece if you are looking to get into farming. It has easy access and is currently being rented out by another farmer for $9172.80 annually on 76.44+/- acres. Possession after 2020 crop harvest.
Details
- CPI of 78
- Good road access
- 80+/- deeded acres
- Current annual cash rent $9172.80 on 76.44+/- acres
- 35 miles to Grand Forks
- Bidders may participate in the auction on site or online at Proxibid.com
- On-site auction location: Stephen Riverside Golf Course, 613 Golf Terrace, Stephen, MN 56757
- On site bidders should bring a government issued ID
- This sale is subject to a 2% buyer’s premium
- 10% down payment immediately after auction - cash, personal or business checks accepted
- If winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
- High bidder has 30 days to close
- Announcements on the day of the sale shall take precedence over any prior announcements
- This is a no contingency sale and is not subject to financing or additional inspections
- Possession at closing, subject to tenant’s rights, if any
- If a survey is needed it will be done following the auction and total purchase price will be adjusted to the surveyed acres
Summary
Land Type
Ranch and Farm, Hunting and Recreational
Land and Farm Property Types
Agriculture - Farm, Land - Hunting, Land - Recreational
Property Type
Farms, Recreational Land, Hunting Land
Other Property Details
Coordinates
48.2658, -97.0262
Annual Taxes
$1,406
Sold Property
For more information or to see additional properties currently for sale see Joseph Erb's listings.