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137.7 +/- Grassland Acres, Land Lease Auction, Elkton Twp., Brookings Co., SD

LAND LEASE AUCTION 

137.7 +/- ACRES, ELKTON TWP., BROOKINGS CO., SD GRASSLAND

We will offer at Public Auction the following described real estate

located from Elkton, SD, 3 miles north on Hwy. 14, 1 mile west on 214th St.,

and ¼ mile south on 485th Ave. on 

MONDAY, APRIL 8, 2019     SALE TIME:  10:00 A.M.

AUCTION CONDUCTED AT ST. MARY’S HALL, 601 BUFFALO ST., ELKTON, SD

Tract I  -  127.7 +/- Acres:  We will offer a two-year lease on this land, which has approximately 127.7 acres of grass with good fences and water.  The grass is excellent quality and the land has a set of corrals.  The Lessor will spray the pasture. - Leased for $115 Per Acre

Tract II  -  10 +/- Acres:  This tract was in CRP and may be grazed or hayed only and is offered on a two-year lease.  We will offer each tract individually or as a unit. Leased for $200 Per Acre

Legal Description:  The N ½, excluding tillable acres, of Section 6, T-109-N, R-47-W, Brookings County, South Dakota.

Terms:  Full first-year lease rent payment due day of sale.  Second year lease rent due in full April 1, 2020.  Lease will expire October 15, 2020.  Lessee to have stock removed by October 15 of each year.  The Auctioneers and Realtors represent the Lessor in this transaction.  For additional information, contact Dan Knuth, Farm Manager, at 605-530-3617 or Auctioneers and Realtors.

OUR LADY OF GOOD COUNSEL CHURCH – Owner

Auctioneers & Realtors,

Lenny & Tyler Burlage, Jim & Scott Peterson

Burlage Peterson Auctioneers & Realtors, LLC

605-692-7102 or Office@burlagepeterson.com