For Sale · Land

RM Perdue Farmland- 475.8 Acres, Perdue Rm No. 346

RM Perdue Farmland- 475.8 Acres, Perdue Rm No. 346, SK S0K3C0

$899,900 total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

83%

Lot Size

475.82 ac

About this property

RM OF PERDUE FARMLAND FOR SALE – 475.82 ACRES 475.82 TITLE ACRES of Saskatchewan farmland located in the RM OF PERDUE NO. 346, approximately 18 km south of Perdue, SK, along Highway 655. This ADJOINING THREE-QUARTER BLOCK offers a combination of cultivated and arable farmland with native pasture, providing an opportunity for agricultural producers looking to expand their cropping or livestock operations. SAMA reports 299 ARABLE ACRES, consisting of cultivated land and land classified as cultivated grass, along with 170 NATIVE GRASS ACRES and 7 non-cultivated acres. The property has a total ASSESSED VALUE OF $792,300. Asking price $899,900 ($1,891 PER TITLE ACRE, 1.14 TIMES ASSESSED VALUE). The land features predominantly FLAT TOPOGRAPHY with some bush, sloughs and stones. Soil associations include BRADWELL, ELSTOW, SUTHERLAND AND TUXFORD, with textures ranging from fine sandy loam and loam to clay and clay loam. Soil classifications are G AND H. The 299 arable acres have a COMBINED WEIGHTED AVERAGE SAMA SOIL FINAL RATING OF 60.27, with individual quarter ratings of 63.39 for SE 22, 58.83 for SW 23 and 54.03 for NW 23. This agricultural property offers CROPPING AND GRAZING POTENTIAL for producers looking to expand their Saskatchewan farmland holdings. A detailed farmland information package is available upon request. (id:66811)

Financial sandbox

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Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$29K

Annual cash flow

$-20K

Cash-on-cash

-7.55%

DSCR

0.59

Going-in cap

3.28%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

131,835

Households

56,859

Median income

$103,000

Median age

32.7

Daytime population

163,861

5-yr growth

7.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for RM Perdue Farmland- 475.8 Acres, Perdue Rm No. 346.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.