NE1/4, SECTION ELEVEN (11) Less East 70 Feet, EAST MONSON TOWNSHIP ~ SALE PENDING

FARMLAND FOR SALE

EAST MONSON TOWNSHIP,

TRAVERSE COUNTY, MINNESOTA

NE1/4 less East 70 feet, SECTION 11

Written bids will be accepted until Tuesday, March 19th, 2024 at 2:00 p.m. for the farmland located in East Monson Township, Traverse County, Minnesota described as follows:

The Northeast Quarter (NE1/4) less the East Seventy (70) feet, Section Eleven (11), Township One Hundred Twenty-eight (128) North, Range Forty-six (46) West, East Monson Township.

Terms of the sale are as follows:

1.  Sealed bids should be submitted in writing to Eyster Realty, 201 Highway 75 North, P.O. Box 94, Wheaton, MN  56296, on or before 2:00 p.m. on Tuesday, March 19th, 2024, at which time the bids will be opened.  Bidders will submit a certified or cashier’s check in the amount of $20,000.00 with their bid, made payable to Eyster Realty Trust.  Bidders need not be present at that time.  The top five bidders will be notified and invited to participate in a closed oral bidding session beginning at 2:00 p.m. on Thursday, March 21st, 2024, at the Eyster Realty Building, 201 Highway 75 North, Wheaton, Minnesota 56296.

2.  Terms of the sale are cash.  Ten percent (10%) down will be required upon acceptance of the bid, with the balance due on or before April 30th, 2024, the date of Closing.

3.  Bids should state the total purchase price they are willing to bid for the Subject Parcel they wish to bid on, not an amount per acre.

4.  Seller has paid the Real Estate taxes payable in 2023 and prior years and will furnish an abstract for the Subject Parcel with marketable title.  Buyer will be responsible for 2024 Real Estate taxes.

5.  Buyer to receive full twelve-month C.R.P. payment in October 2024, not a pro-rated amount.  Buyer shall assume current C.R.P. payment and abide by its terms.

6.  Possession will be available upon acceptance of top bid by Seller(s) and bank clearing of earnest money check. 

SELLER RESERVES THE RIGHT TO REFUSE AND/OR REJECT ANY AND/OR ALL BIDS.

For any questions, please call:

Lance A. Lundquist @ (320) 760-5195