NOA Realty

No.	RM	Land Legal Descriptions		Assement	Cultivated Acres	Not Cultivated Acres	Natural Grass	Total Acres
1	Storthoaks RM No. 31	166038138	NW-09-04-31-1	241,000.00	113.00	36.00	0.00	149.34
2	Storthoaks RM No. 31	110325103	SW-09-04-31-1	240,300.00	118.00	42.00	0.00	160.78
3	Storthoaks RM No. 31	110325091	SE-09-04-31-1	240,300.00	118.00	42.00	0.00	160.69
4	Storthoaks RM No. 31	110325428	SW-17-04-31-1	272,900.00	128.00	30.00	0.00	158.56
5	Storthoaks RM No. 31	110324900	SW-04-04-31-1	218,800.00	110.00	50.00	0.00	160.30
6	Storthoaks RM No. 31	110325383	SW-16-04-31-1	229,400.00	100.00	60.00	0.00	160.80
7	Storthoaks RM No. 31	110325417	SE-17-04-31-1	209,300.00	122.00	38.00	0.00	160.43
8	Storthoaks RM No. 31	110325158	NW-10-04-31-1	235,000.00	83.00	15.00	62.00	160.12
9	Storthoaks RM No. 31	110325013	SE-07-04-31-1	284,000.00	133.00	25.00	0.00	158.73
10	Storthoaks RM No. 31	161752237	SE-18-04-31-1	261,000.00	87.00	19.00	50.00	156.83
11	Storthoaks RM No. 31	110325046	NE-07-04-31-1	268,300.00	123.00	35.00	0.00	158.63
12	Total			2,700,300.00	1,235.00	392.00	112.00	1,745.21

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.