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Steffes Group

June

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Grand Forks County Land Sold On Timed Online Only Auction

STEFFES GROUP INC SELLS GRAND FORKS COUNTY, ND LAND ON TIMED ONLINE ONLY AUCTION

Thursday, June 29th, 2017

 

Steffes group conducted a timed online only land auction event for 156.38 acres in Grand Forks County. The property is presently enrolled in the conservation resereve program (CRP) and featured 146+/- cropland acres.

We had 10 registered approved bidders representing 3 states including both investors and local farmers. The auction opened at 8AM and concluded at 12:27PM approximately 27 minutes after the published closing time through our bid extension feature. There were 161 bids placed on the property for a final selling price of $300,000 or approximately $2,050 per cropland acre and $1,918 per deeded acre.

 

You can view more details about the property by clicking here!