Chama, NM 87520(Rio Arriba County)

Topography is diverse, with the southern portion of the ranch offering open, grassy, rolling and hilly country with scattered canopies of Ponderosa Pine and Mountain Oak. As elevations increase, the south-central and eastern boundaries of the ranch become much more mountainous, with several pronounced canyons draining to the lower country. These rugged and timbered mountain slopes and ridges have sand stone rock outcroppings throughout, with timber cover increasing with elevation. Oak, Pine, Spruce, Fir, and Quaking Aspen can be found throughout the ranch.

The central portion of the property is a wide, lush, creek bottom meadow that elevates to higher mountain country on the east portion of the ranch and also along the Continental Divide to the west.

Water:

The ranch is very well watered by Willow Creek, numerous tributaries, many mountain springs, and over 25 earthen ponds. The larger ponds are stocked with trout.

Willow Creek provides the major drainage through the ranch. The creek's headwaters begin in the northern portion of the property and drain in a south to southeasterly direction throughout the entirety of the ranch.

Additional sources of water include five permitted water wells. One of the wells reportedly produces approximately 80 gallons per minute.

Access:

Access to the ranch is by paved highway frontage.

Hunting/Recreation:

Hunting throughout this region of New Mexico is spectacular. Native elk and mule deer grow to Boone and Crockett size. The number of elk permits issued by the New Mexico Department of Game and Fish is governed by a Special Management Plan. Currently, the ranch receives 63 bull elk rifle permits and 24 bull elk bow permits. Northern New Mexico offers some of the greatest fishing opportunities in the country and trout fishing in the major ponds on the ranch is an added benefit.

An 8 foot high game fence area containing approximately 2,000 acres is constructed in a very rugged mountainous portion of the eastern side of the property. The New Mexico Game and Fish Department granted the ranch a Class A Game Park Permit, which allows the ranch to raise their own private elk herd within the high fenced park. Domestic elk were shipped in from Colorado and currently there are approximately 519 privately owned elk located within the park. The advantage of a Class A Game Park is that the owner may decide his own hunting seasons and harvesting rates within the confines of the park.

Improvements:

A large, partial two story, hunting lodge is located in the southern portion of the ranch. The lodge features 11 bedrooms and 10 bathrooms, along with a commercial kitchen and large great room.

Additionally, a 10,000 square foot barn houses the elk handling facility which is used for artificial insemination of the private elk herd. This first class set of handling pens is equipped with a hydraulic chute, sorting pens, alleys, and a maze of overhead cat walks for ease in handling the elk. The barn also contains a walk-in cooler, large shop, office, kitchen, five upstairs bedrooms (used by hunting guides), a downstairs apartment and four bathrooms.

A more complete list of improvements and equipment is available.

Remarks:

The numerous improvements on the property are all well kept and remain in first class condition. The structural improvements, high game fencing, buried waterlines and electric lines, wells, extensive road network, and numerous other improvements offer an attractive depreciation schedule to the purchaser. This exceptional ranch is ready to operate and enjoy. This price includes all privately owned elk and an inventory of essential ranch equipment and rolling stock.

Minerals:

The seller owns 100% of the mineral rights, which will convey with the sale. In todays real estate market, with minerals often times being so valuable, it is extremely seldom a ranch is ever offered for sale with 100% of the minerals available.

Price:

Just Reduced from $45,000,000 down to $37,000,000