RUST RANCH JULESBURG, COLORADO $6,300,000 8,110± ACRES LISTING AGENT: TOM METZGER 1559 LOGAN ST DENVER, COLORADO 80203 P: 303.861.8282 M: 970.686.5111 TMETZGER@HALLANDHALL.COM
Land that s where it all begins. Whether it is ranch land or family retreats, working cattle ranches, plantations, farms, estancias, timber or recreational ranches for sale, it all starts with the land. Since 1946, Hall and Hall has specialized in serving the owners and prospective owners of quality rural real estate by providing mortgage loans, appraisals, land management, auction and brokerage services within a unique, integrated partnership structure. Our business began by cultivating long-term relationships built upon personal service and expert counsel. We have continued to grow today by being client-focused and results-oriented because while it all starts with the land, we know it ends with you. WITH OFFICES IN: DENVER, COLORADO BOZEMAN, MONTANA EATON, COLORADO MISSOULA, MONTANA STEAMBOAT SPRINGS, COLORADO OWASSO, OKLAHOMA SUN VALLEY, IDAHO COLLEGE STATION, TEXAS HUTCHINSON, KANSAS LAREDO, TEXAS BUFFALO, WYOMING LUBBOCK, TEXAS BILLINGS, MONTANA MASON, TEXAS SOUTHEASTERN US SALES AUCTIONS FINANCE APPRAISALS MANAGEMENT 2
EXECUTIVE SUMMARY The Rust Ranch is a well blocked ranch located in the northeast corner of Colorado in Sedgwick County near Julesburg. This 8,110± acre hard grass ranch lies on the south banks of the South Platte River. Outstanding improvements, lush grass and hay, plus pivot irrigated and sub-irrigated crop makes this an outstanding ranch opportunity. 3
LOCATION The Rust Ranch is located just west of the county seat of Julesburg on County Gravel Road #28. The ranch is split by I-76 with the majority of the grass on the south side of the interstate. Julesburg, located on I-76, supports a hospital, many commercial amenities, airport and an easy drive to Denver just over two hours away. LOCALE Julesburg, located just north of the South Platte River and Sedgwick County, is joined by Nebraska to the east. Ogallala, NE is thirty miles to the east on I-76 then I-80 and Denver is west on I-76. Sedgwick County is diversified with level to gently sloping terrain in the farming areas and rough terrain in the grassland areas. Most of Sedgwick County has access to the Ogallala aquifer. 4
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GENERAL DESCRIPTION The Rust Ranch is easily accessed from I-76 to a nearly private County Road #28. The northern boundary joins the South Platte River with protection from the river for livestock, a beautiful view and good access to the river. Access to the large pasture located south of the improvements is available both from the main headquarters utilizing under passes (concrete tunnels) under I-76 as well as the county gravel road which is also available to the southeast corner of the property. Most all improvements are located on the north side of the county road including the two center pivots. The ranch is approximately four miles from north to south and four miles east to west. The ranch is all contiguous. 6
The primary crops for the irrigated cropland are corn and hay. Wheat, millet, dryland corn and sunflowers are primarily grown on dryland in this area. Water is plentiful in this area both for irrigation and domestic use. Livestock water is provided by four solar wells, five windmills, live water and underground pipeline. Irrigated acres from two wiper pivots total 120±. Water is supplied to the pivots from pumping the South Platte River. Both pivots are electric, one an eight tower the other is six towers. There are approximately 280 acres sub-irrigated meadows. Ogallala Livestock Market is located in Ogallala and has a very good reputation for selling large numbers of cattle from the area. 7
ACREAGE Deeded: Colorado State Lease: Total Deeded and Leased: 6,059± Acres 2,051± Acres 8,110± Acres 8
ACREAGE BREAKDOWN Sprinkler irrigated cropland: Sub-irrigated meadow pasture: Dry pasture, building sites, roads & waste: Dry pasture State Lease (#44202): Dry crop: Dry pasture State Lease (#46838): 120± acres 280± acres 5,459± acres 1,731± acres 200± acres 320± acres LEASES About 2,051± acres of additional land leased from the State of Colorado will pass with lease assignments. These leases include: Colorado State Leases #44202 & #46838. 9
IMPROVEMENTS Both the main dwelling at the east end of the improvements and the agricultural facilities at the west end are located along County Gravel Road #28. All facilities and improvements have been well- maintained. The older buildings have had all metal roofs installed and new paint on all buildings. The two sets of improvements are approximately one mile apart. 10
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WEST LIVESTOCK FACILITIES: 1,095 square foot house, poor condition, built in 1914 42 X42 livestock barn 60 X40 shop/garage w/overhead door 40 X44 storage building 2 bunk houses Calving sheds Concrete feed bunks w/pipe/concrete aprons and rod fencing (1,400± feet ) Hydraulic chute & working facilities The main bunk house and second bunk house are used during calving as well as the vet room 12
EAST IMPROVEMENTS: Owner s home is a ranch style 2,327 sf home on the main floor with 3,427 sf on the lower walk out level The home includes five bedrooms, five bathrooms, three fireplaces, 1,100 sf indoor swimming pool, hot tub and sauna room and a two-car garage. This dwelling was built in 1974. 13
CLIMATE Climatology maps reflect from 16 to 18 inches and a growing season of 145 days. WILDLIFE RESOURCES AND RECREATIONAL CONSIDERATIONS The area is well known for the hunting, including goose and ducks, deer and upland game birds. However, the Division of Wildlife owns a majority of the hunting rights along the river which restricts goose hunting on the ranch. TAXES Annual taxes are approximately $8,385.00. MINERAL RIGHTS Any and all Seller owned mineral rights appurtenant to the property are included in the sale. 14
BROKER S COMMENT The Rust Ranch is a diverse property that lies in a reputation area for both crop production and livestock grazing. The livestock operation can be expanded to utilize crop residues and by-products. Management can take advantage of the current operating scenario or change to a method that more identifies with their operation. The ranch can easily run a large number of commercial cattle and is equipped to handle a purebred operation or can easily convert to an all yearling ranch. 15
Click on map above for link to Google Earth map of property. PRICE $6,300,000 Hall and Hall is acting as a Seller s Agent and will cooperate with other agents acting as a Transaction Broker or Buyer Agent only. NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classifications, acreages, building measurements, carrying capacities, potential profits, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers should verify all information to their satisfaction. Prospective buyers should also be aware that the photographs in this brochure may have been digitally enhanced. 16
ADDITIONAL SERVICES OFFERED BY HALL AND HALL 1. MANAGEMENT SERVICES Hall and Hall s Management Division has a very clear mission to represent the owner and to ensure that his or her experience is a positive one. Services are customized to suit the owner s needs. They often begin with the recruiting and hiring of a suitable ranch manager or caretaker and are followed by the development of a management or operating plan along with appropriate budgets. Ongoing services include bill paying, ranch oversight, and consulting services as needed. Even the most sophisticated and experienced ranch owners appreciate the value of a management firm representing them and providing advice on local area practices and costs. Wes Oja, Jerome Chvilicek, Dan Berstrom or Brant Marsh at (406) 656-7500 are available to describe and discuss these services in detail and welcome your call. 2. RESOURCE ENHANCEMENT SERVICES Increasingly the value of a ranch is measured by the quality of each and every one of its resources. Coincidentally, the enhancement of a ranch s resources also increases the pleasure that one derives from the ownership of a ranch. Our management services have included the assessment of everything from wildlife habitat to bird habitat to water resources and fisheries and the subsequent oversight of the process involved with the enhancement of these resources. Wes Oja, Jerome Chvilicek, Dan Bergstrom or Brant Marsh at (406) 656-7500 are available to describe and discuss these services in detail and welcome your call. 3. AUCTIONS - Hall and Hall Auctions offer Another Solution to create liquidity for the owners of Investment-Quality Rural Real Estate. Our auction team has experience in marketing farmland, ranchland, timberland and recreational properties throughout the nation. Extreme attention to detail and complete transparency coupled with Hall and Hall s Rolodex of more than 40,000 targeted owners and buyers of rural real estate help assure that there are multiple bidders at each auction. In addition, the unique Hall and Hall partnership model creates a teamwork approach that helps to assure that we realize true market value on auction day. For more information on our auction services contact Scott Shuman at (800) 829-8747. 4. APPRAISALS - Staying abreast of ancillary market influences in ever-changing economic conditions requires a broad professional network to tap into. Finding an appraiser who not only understands the numbers but also the differences in value from one area to another is a critical part of making an informed decision. The appraisal team at Hall and Hall, formed entirely of Accredited Members of the American Society of Farm Managers and Rural Appraisers (ASFMRA), has that critical network of brokers and lending professionals. This professional network coupled with diverse experience across multiple regions and market segments allows our appraisal team to deliver a quality product in a reasonable timeframe. For more information contact our appraisal team at (406) 656-7500. 5. SPECIALIZED LENDING - Since 1946 Hall and Hall has created a legacy by efficiently providing capital to landowners. In addition to traditional farm and ranch loans, we specialize in understanding the unique aspects of placing loans on ranches where value may be influenced by recreational features, location and improvements and repayment may come from outside sources. Our extensive experience and efficient processing allows us to quickly tell you whether we can provide the required financing. Competitive Pricing Flexible Terms Efficient Processing Tina Hamm or Scott Moran (406) 656-7500 Mike Hall or Judy Chirila (303) 861-8282 Monte Lyons (806) 698-6882 J.T. Holt (806) 698-6884 17
In Colorado, Buyers should be aware that different real estate brokerage relationships are available which include seller agency, buyer agency or transaction-brokerage. BROKERAGE DISCLOSURE TO BUYER DEFINITIONS OF WORKING RELATIONSHIPS: SELLER S AGENT: A seller s agent (or listing agent) works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller s agent must disclose to potential buyers all adverse material facts actually known by the seller s agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller. BUYER S AGENT: A buyer s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer s agent must disclose to potential sellers all adverse material facts actually known by the buyer s agent including the buyer s financial ability to perform the terms of the transaction and if a residential property, whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer. TRANSACTION-BROKER: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a buyer s financial ability to perform the terms of a transaction and if a residential property, whether the buyer intends to occupy the property. No written agreement is required. CUSTOMER: A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the party s agent or as the party s transaction-broker. Please contact one of the Hall and Hall brokers for a complete discussion of potential working relationships for this property. A written relationship disclosure will be provided to a prospective buyer prior to engaging in brokerage activities as defined by the Colorado Real Estate Commission. Tom Metzger of Hall and Hall is the exclusive agent of the Seller. 18