Beautiful Farm with Mountain View for Sale
This stunning farm offers breathtaking mountain views and features a 5-facilitated spring-fed water system with amazing water quality. The property generates high rental income from grain farmers at $150 per acre for 290 cultivated acres, totaling $45,000. Additionally, it brings in $15,000 from oil revenue, $10,000 from a county lease, and $15,000 from house rentals, amounting to $85,000 annually without lifting a finger. The property appreciates at around $120,000 per year per quarter, resulting in annual capital gains of $325,000. These figures are backed by appraisals.
The farm is eligible for subdivision, with the farmyard already surveyed. A subdivision on the top quarter could potentially yield a million dollars. The entire property boasts mountain views, even from the basement of the 2,200 square foot house. The house, built in 1981, is solid and designed to be two separate large suites with separate utilities, including two furnaces.
The property features 6 feet of grade 1 high-yielding black dirt, enriched with manure for 100 years, and a beautiful western sloping hill perfect for bumper crops. It has a reputation for being the best land in the area. The location is super centralized, halfway between Calgary and Edmonton, 15 minutes east of QE2, 10 minutes south of Red Deer, and 10 minutes from the vacation spot Pine Lake.
This property offers numerous possibilities, whether you want to build or simply watch your investment grow.
For more information, email:
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