About 11 Quarters With Oil Revenue
Here is a rare opportunity to purchase 11 quarters with a significant income of $161,650 from 51 surface leases. The land is located 7 miles North of Carievale in the Rm of Storthoaks. There is a total of 1745.21 acres currently in alfalfa. The soil classes are 9 (H), 1 (J) and 1(K). The total assessment is $2,700,300. The income from the alfalfa ranges year to year from $70,000 - $80,000. The land was in cultivation and could be put back into production. According to SAMA there are 1245 cultivated acres and more acres could certainly be broken. There is one fenced quarter that is used for pasture with an older yard site with power, no value was given to the yard site. For an investment there is lots of value with passive income of approximately $240,000 per year which equates to over a 4.3% return on investment. This land is available for the 2026 Crop year.
Farm property for sale in Storthoaks Rm No. 31, Saskatchewan at 11 Quarters With Oil Revenue.
Features of 11 Quarters With Oil Revenue
MLS® # | SK011132 |
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Price | $5,250,000 |
Bathrooms | 0.00 |
Acres | 1,745.21 |
Type | Farm |
Sub-Type | Hay |
Status | Active |
Community Information: Storthoaks
Address | 11 Quarters With Oil Revenue |
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Subdivision | Storthoaks |
City | Storthoaks Rm No. 31 |
Province | Saskatchewan |
Postal Code | S0C 0P0 |
Amenities of 11 Quarters With Oil Revenue
Is Waterfront | No |
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Has Pool | No |
Has Separate Basement Entry | No |
Has Basement Suite | No |
Interior of 11 Quarters With Oil Revenue
Fireplace | No |
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Additional Information On 11 Quarters With Oil Revenue
Date Listed | July 1st, 2025 |
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Days on Market | 103 |
Transaction Type | For Sale |
Listing Details
Office | Sutton Group - Results Realty |
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