$260,000
119 Acres
Ranch/pasture
Vegreville, Alberta
| Property Id #: | 19222 |
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| Price: | $260,000 |
| Farm Type: | Ranch/pasture |
| Acreage (Total): | 119 |
| Municipality / County: | County of Minburn No.27 |
| Province: | Alberta |
| Postal Code: | T9C 0A1 |
Situated just four miles north of Vegreville, Alberta, sits 119 acres of prime pastureland that includes a new dugout, as well as newer four-wire perimeter fencing and cross fencing. ‘Cash Cow’ features hard, native grass that does not fold under less-than-ideal conditions.
Let the cows graze while ‘Cash Cow’ feeds your bank account with almost unheard-of Surface Lease Revenue. With interest rates declining, the ongoing significant passive income from Surface Lease Revenue exceeding $10,000/year will do its share and then some as far as covering carrying costs for ‘Cash Cow.’ Set against the current background of the smallest number of US cattle on inventory in seventy-five years, this pasture-on-pavement quarter checks all the boxes. This is a solid investment that will step up to the plate and knock it out of the park when it comes to paying for itself while asking not of its new owner.
The current owner of ‘Cash Cow’ was a purebred Black Angus breeder in the past and the cow-calf carrying ability has been well proven over the years. ‘Cash Cow’ stands strong as a sturdy performer in dry years, and with ample moisture that is more commonplace on a yearly basis, expect to increase cow-calf pairs by up to fifty per cent. ‘Cash Cow’ is ready to go to work without spending money on infrastructure such as dugouts or fences.
‘Cash Cow’ is being offered for sale via online escalating tender by CLHbid.com. Please check the website for updates from time to time.
| Property Legal Description: | NW-7-53-14-W4 |
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| Acreage (Total): | 119 |
| How to View: | 1 (866) 263-7480 |
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