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.
Property Features:
- 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 ...
- 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