Kleskun Martineau Farms
Sold on September 4, 2018
from 10:00 PM to 10:00 PM UTC
Location
Alberta
Sale Size
24 Parcels
Final
$320K - $510K
Owners of the Kleskun Hills Bison Ranch, Peterson, Swanberg and King are shifting gears and selling their world class Ranch. The Martineau farm is selling at the same time - purposely assembled into one connecting unit. The combined KHR and Martineau Farms land auction is made up of pasture and highly fertile arable land.
Owners of the Kleskun Hills Bison Ranch, Peterson, Swanberg and King are shifting gears and selling their world class Ranch. The Martineau farm is selling at the same time - purposely assembled into one connecting unit. The combined KHR and Martineau Farms land auction is made up of pasture and highly fertile arable land.
Available Parcels
Parcel Name Parcel 1 | Parcel Size | Final $420,000 | View Details & Offer |
Parcel Name Parcel 2 | Parcel Size | Final $450,000 | View Details & Offer |
Parcel Name Parcel 3 | Parcel Size | Final $380,000 | View Details & Offer |
Parcel Name Parcel 4 | Parcel Size | Final $380,000 | View Details & Offer |
Parcel Name Parcel 5 | Parcel Size | Final $380,000 | View Details & Offer |
Parcel Name Parcel 6 | Parcel Size | Final $380,000 | View Details & Offer |
Parcel Name Parcel 7 | Parcel Size | Final $380,000 | View Details & Offer |
Parcel Name Parcel 8 | Parcel Size | Final $380,000 | View Details & Offer |
Parcel Name Parcel 9 | Parcel Size | Final $380,000 | View Details & Offer |
Parcel Name Parcel 10 | Parcel Size | Final $390,000 | View Details & Offer |
Parcel Name Parcel 11 | Parcel Size | Final $350,000 | View Details & Offer |
Parcel Name Parcel 12 | Parcel Size | Final $350,000 | View Details & Offer |
Parcel Name Parcel 13 | Parcel Size | Final $330,000 | View Details & Offer |
Parcel Name Parcel 14 | Parcel Size | Final $340,000 | View Details & Offer |
Parcel Name Parcel 15 | Parcel Size | Final $450,000 | View Details & Offer |
Parcel Name Parcel 16 | Parcel Size | Final $420,000 | View Details & Offer |
Parcel Name Parcel 17 | Parcel Size | Final $450,000 | View Details & Offer |
Parcel Name Parcel 18 | Parcel Size | Final $320,000 | View Details & Offer |
Parcel Name Parcel 19 | Parcel Size | Final $370,000 | View Details & Offer |
Parcel Name Parcel 20 | Parcel Size | Final $340,000 | View Details & Offer |
Parcel Name Parcel 21 | Parcel Size | Final $410,000 | View Details & Offer |
Parcel Name Parcel 22 | Parcel Size | Final $370,000 | View Details & Offer |
Parcel Name Parcel 23 | Parcel Size | Final $510,000 | View Details & Offer |
Parcel Name Parcel 24 | Parcel Size | Final $470,000 | View Details & Offer |
Sale Description
[https://clhbidstorage.blob.core.windows.net/documents/Auctions/ba846e57-3aec-4612-136c-08d729a516ef/TinyMCEPictures/1440fc10-7a1e-465a-80f0-8e416f7b6349.jpg]Owners of the Kleskun Hills Bison Ranch, Peterson, Swanberg and King, are shifting gears, and selling their world class Ranch. The disposition of the dual faceted land base, made up of unique, virgin pasture and highly fertile arable land, is being managed by CLHbid.com. The fifteen quarter sections of pasture has been purposely dealt with, in a manner to ensure all twenty-four hundred acres, remain pristine and intact as an outstanding provincial natural area. The balance of the Ranch however, being the prime farmland, is up for auction!
The remaining seventeen quarter sections of the ranch, being the most fertile, will be offered for sale by CLHbid.com on its on-line time auction platform. All but two of these quarter sections are contiguous. Without a doubt, one of the largest and if not the most unique block of agricultural land offered for sale in Western Canada in recent years.
The ten most easterly quarters, out of the seventeen in total, on the east side of Range Road Forty-One (RR 41), and bordering divided Highway forty-three on the south, offer the opportunity to farm an almost unheard expansive of land, in North Western, Alberta. The soil is dark loam with a history of growing rich legumes and forages for the Kleskun Hills Ranch (‘KHR’) primary feed source. The land is high in organic matter, south sloping with ideal drainage. South sloping, equates to earlier maturity in the fall. Every farmer knows the exponential loss associated with poor drainage, especially when it comes to peas and canola, in a wet year. No worries with this expanse of land. It looks after the drainage for you 24/7.
It only gets better. These ten KHR quarters on the east side of Range Road 41, adjoin seven quarters of prime land to the north owned by Martineau Farms. These fence to fence neighbours are getting together and on sale day and will be offering up for auction twenty-four quarters of first-class farmland. Prime cultivated land all connected, and most likely not to trade hands again for generations.
The Martineau farm is intergenerational, and has been purposely assembled as well, into one connecting unit. The view to the west of the Kleskun Hills is magnificent. The Mercer Hill road borders the farm on the north side. The elevation of the farm itself gives one the feeling of being atop a rolling hill in the Midwest, USA, with a view down to both the south and north. In total, the Martineau seven quarters of land has over nine hundred and fifty acres under cultivation. Additional acres can be easily broken and placed under cultivation. The north west of 25 and south east of 36 have significant surface rights revenue. Over the years, this farm has produced bumper crops of cereals, legumes and oilseeds.
The combined KHR and Martineau Farms land auction on September 4th, 2018 will start with the KHR Ranch quarters bordering the Highway 43 east of Range Road forty-one. The auction will then move north, until all KHR/Martineau seventeen quarters have been sold on the east side of Range Road forty-one. These seventeen continuous quarters will then re-appear again as two separate en bloc auctions. The KHR 10 quarters east of Range Road 41 will appear as ‘en bloc’ ‘’A’’ and the 7 Martineau quarters will appear in ‘en bloc’ ‘’B’’ and be offered for sale as A and B. If a prior high bidder wishes to bid on either ‘en bloc’ A or B they must have been previously high on minimum of 3 prior parcels in the respective ‘en bloc’ they wish to bid on. Build your dream grain handling system in the center of seventeen quarters of land.
The auction then moves westerly across Range Road 41 where you find five additional quarters of prime farmland, all owned by KHR, which includes land with surface rights revenue as well. Three of these quarters back onto a new provincial natural area. Ideal quarters to build your dream home on, and raise a family on, all within 15 minutes of City life. All parcels have a majestic southerly view. Quarter sections this close to the City, in close proximity to pavement, just don’t come up for sale often.
If you like to avoid the glare, and if you are looking for land that is a bit more remote, you may want to wait until near the conclusion of the auction. Here you can check out the only two quarters owned by the KHR, not attached to the main ranch itself. The east half of section thirty-two is north on Range Road forty-four and is made up of excellent farmland. With the recently paved Mercer Hill Road on the north. Much like the balance of the ranch, this half section has had extensive drainage work done, allowing for expansive fields which can be farmed with ease.
For details on this almost unheard of combined land auction of some of the finest Agricultural land in Western Canada check out the CLHbid.com website. The Hay and Bison have been sold by private treaty.
Kleskun Martineau Farms is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.
Proven Results
from satisfied buyers
Frequently Asked Questions
There are existing auction platforms out there such as the ‘Iowa Auction’ that stop bidding after all individual parcels have received high bids. Then for round #2 of the auction they allow past as well as new bidders to ‘up the ante’ by bidding on the entire farm or ranch with a reserve bid set at the aggregate price just bid on all individual parcels in round #1.
After seeking input from many farmers and ranchers, most told us they didn’t feel a platform such as this was fair to bidders on individual parcels who in many cases have went to a lot of work to get pre-approved for financing etc. Farmers and ranchers also indicated they didn’t think it is fair for a large player to ‘lay in the weeds’ and not bid until after the initial round of bidding. They also told us that it would not be fair to allow a larger player to acquire the entire farm or ranch for only a few dollars more than the aggregate of the prior individual bids. Hence the rationale for the ‘premium bid’ amount for the ‘en bloc’ parcel at the conclusion of the auction.
At CLHbid.com, you as bidder only need to be high on a certain number (generally less than 50%) of parcels in order to have a chance to acquire the entire farm or ranch, whereas at national Auction firms you generally have to be high on 100% of the parcels in order acquire the entire ranch or farm.
Bidders have no knowledge of the identity of other bidders. Likewise, the Seller during the sale is not privy to who may be bidding or how many parcels someone may be ‘high on’. At CLHbid.com we set out to create a platform for the selling or leasing of agricultural land that was honest, fully transparent and offered no opportunity for bids to be shopped by the Seller. This is especially important wherein the Seller has final approval.
At CLHbid.com we have put safeguards in place in our CLHbid.com contract with our Seller to ensure the Seller deals only with the high bidder at the conclusion of bidding. During the timed auction itself, all back-end information is locked down including who is bidding or who is registered to bid. At the conclusion of the bidding, the Seller is privy only to the name of the high bidder on each parcel.
The minimum increment for bidding is set prior to each specific sale in consultation with the Seller. The increments are set having regard to the FMV of the parcel being sold with more expensive parcels generally having larger increments.
We have all been to live auctions where a quarter of land worth $500,000.00 starts at $100,000.00. The parcel is then bid up in large increments initially with the increments gradually decreasing in size as the bidding approaches the end. At CLHbid.com, given our predetermined minimum increments, we try and speed up the process by starting the bidding at what we see as a reasonable number to start serious bidding at, yet a number still below FMV.
In addition, given the ‘en bloc’ final parcel bidding option offered at CLHbid.com, we require a floor number for each individual parcel in the unlikely event a specific parcel doesn’t receive a bid, yet at the conclusion an eligible bidder wishes to bid on the entire farm or ranch. In such a case, the Starting Bid becomes the value to be used for that Parcel not receiving a bid when determining aggregate bids. It is important to note the Starting Bid is not a Reserve Bid.
PLEASE NOTE: Not all CLHbid.com sales have an ‘en bloc’. Please review the particulars of each sale for clarity.
No. The Seller waives their right to approve the sale if there is a bid on the ‘en bloc’.
This is really no different than in the tendering process wherein Tenders stipulate “any and all tenders will not necessarily be accepted”. One issue with tendering is the cost to put a tender in the paper is nominal and there is always a risk of the Seller perhaps just feeling out the market or wanting to know the names of the parties interested.
At CLHbid.com one of the paramount reasons for allowing the Seller final say is to alleviate the need for an expensive Guarantee to the auction house – expensive and seldom called upon yet often required by the Sellers bank. The Seller’s bank doesn’t require the Seller to purchase a Guarantee when using the CLHbid.com platform wherein the sale is at the Seller’s discretion.
CLHbid.com incurs significant marketing costs in the event the Seller fails to accept the high bid(s). The Seller is under contract with CLHbid.com and the contract references trigger values indicating when the right of the Seller to refuse a sale is taken away.
At CLHbid.com, our Sellers are fully invested in the process meaning the likelihood of a high bid not being accepted is extremely remote.
No. At CLHbid.com there is no advantage to waiting to bid. Our platform has a ‘refresh’ function on the clock such that any bid placed near the expiration of the timed sale will automatically re-set the clock adding additional minutes to the clock giving all parties (including the bidder that was just outbid) another opportunity to bid.
At CLHbid.com we take the human element out of the process. During the bidding process if you are high, you will receive an online notice saying you are High Bid. If you get outbid you will receive an online notice saying you were Outbid. Immediately upon expiration of the timed sale, the high bidder will receive an email indicating they were the HIGHEST BIDDER.
All emails are auto generated. The question cannot arise as to whether you were high or not or “was it shopped to someone they liked better” such as when tendering land.
No. The Starting Bid is just that. The first bid required for a Parcel is the Starting Bid and not some number above it. If you are the initial bidder and just bid the basic minimum increment your Current Bid will be the Starting Bid number.
CLHbid.com doesn’t publish the name of the high bidder. We do, however, disclose the name of the high bidder to the Seller as they are then in a contractual agreement to buy and sell. We leave it up to the high bidder and Seller to tell whomever they wish.
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The sale starts and finishes in a matter of hours and the time will extend if bids are placed in the last two minutes of the sale. As confidentiality and honesty are paramount to us, bidders names are never released.
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