Huggans Land Company

®

HUGGANS LAND COMPANY Hamilton, MT | 220± acres | Offered @ $10M

INFO@WESTERNRANCHBROKERS.COM

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(406) 589-4160

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WESTERNRANCHBROKERS.COM

PROPERTY

OVERVIEW Huggans Land Company | Hamilton, Montana

Huggans Land Company consists of 220± deeded acres south of Hamilton, Montana with stunning views of the Bitterroot Mountains. Lush, irrigated acres span across 10 legal parcels with highway frontage on this highly productive cattle ranch.

The property has two springs and a pond that provide flood irrigation to the vast majority of the property. Huggans Land Company has substantial water rights from multiple sources throughout the growing season. Barns on the property are ready for the next owner to repurpose them with power in place. Multiple homes and outbuildings provide ample space for animals and storage equipment.

2 | Let our experience lead the way.

PROPERTY OVERVIEW

HAMILTON, MT | 220± ACRES | OFFERED @ $10M

HIGHLIGHTS

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Abundance of water rights from Bitterroot River, Painted Rocks Reservoir, Camas Creek, Hayes Creek, and Lost Horse Creek Mineral rights including unique peat deposits Opportunity for multiple types of improvements including a luxury home site with pond, stream, and mountain views 10 separate parcels provide for commercial/residential development Potential for center pivot irrigation development Over 4,000 ft of U.S. Highway 93 frontage Stunning views of the Bitterroot Mountains Rural setting with proximity to Hamilton and Missoula, MT

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LOCATION

STEVENSVILLE

H A M I LT O N

HUGGANS LAND COMPANY

DARBY

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AREA INFORMATION

LOCATION & ACCESS Huggans Land Company is located just off Highway 93 outside of Hamilton, Montana with three separate ways to access the property. Just a short drive to Missoula, MT, you’ll have access to an international airport, medical centers, and dining and shopping. The University of Montana and other trade schools are a short drive away in Missoula. Nearby in Hamilton, Montana, recreation includes fishing on the Bitterroot River, Twin Lakes, Painted Rock Reservoir, Lake Como, golfing at Stock Farm Golf Course, Triple Creek Guest Ranch, and Hamilton Golf Course. Trails in the area provide opportunities for hiking, 4 wheeling, snowmobiling, and horseback riding. Lost Trail Ski Resort is also nearby, less than 40 minutes away.

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6 | Let our experience lead the way.

GENERAL OPERATIONS

GENER AL OPER ATIONS This property is currently leased and running a 60 pair cattle operation raising its own hay. Equipment on the property is minimal and can be excluded from the sale. The unique soil composition on this property includes one of the only peat soils in Montana.

The property has an abundance of water rights and ditch shares. The property is entitled to water in the district year-round from the creek that carries water from Hayes Creek and Camas Creek. Water rights on this property provide multiple options including stream development, additional ponds, and additional waterfowl and upland bird habitat.

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SUMMARY Huggans Land Company is ready for its next owner to take advantage of what the 200± acres have to offer. There is opportunity for development along the highway, stream and pond development, and a perfect location for a luxury home. The property is home to an abundance of wildlife including geese and white tail deer. The 1984 4-bedroom home has high quality oak finishes and could be upgraded or converted to a guest or manager’s home. Residential development options include a single large luxury home with water features or commercial development along U.S. Highway 93.

8 | Let our experience lead the way.

SUMMARY

SUMMARY

HUGGANS LAND COMPANY Offered @ $10,000,000

CONDITIONS OF SALE

TERMS

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The Seller reserves the right to effect a tax-deferred exchange for other real property in accordance with provisions in Section 1031 of the Internal Revenue Code. The Buyer will not be required to incur any additional expenses nor to step into the chain of title on any property which the Seller may acquire.

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All purchase offers must be in writing and specify an earnest money amount equal to no less than 5.00% of the Buyer’s offering price. Earnest monies shall be deposited in escrow within 5 business days of acceptance of the offer by both parties.

All Buyers must provide the contact information of the Buyer’s banker or financial institution that can assist the Sellers and their agents in validating the Buyer’s financial ability to execute the transaction. All Purchasers must demonstrate to the Seller’s satisfaction unquestioned financial capability to purchase the property.

The Sellers will provide and pay for a standard owner’s title insurance policy. Any endorsements requested by the Buyer or any lender will be at the Buyer’s expense. Title to the real property will be conveyed by warranty deed.

All of the Ranch’s water rights will be transferred to the Buyer and all of the mineral rights which the Seller actually owns will be conveyed to the Buyer at Closing.

This entire Offering is subject to errors, omissions, prior sale, change or withdrawal without notice and approval of purchase by the Seller. Information regarding land classifications, acreages, carrying capacities, crop yields, potential profits, etc. is intended only as generic guidelines and have been obtained from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Seller or Western Ranch Brokers or PureWest Real Estate. Prospective Buyers should verify all information to their sole and complete satisfaction.

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WESTERN RANCH BROKERS

OUR TEAM

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BROKER INFORMATION

JIM TOTH Broker (406) 539-2550 jim@westernranchbrokers.com With 20 years of experience as a ranch broker, Jim Toth knows that land is worth more than just its physical assets. With a career built in the agriculture business, private ranch management, and as one of the busiest outfitters in Western Montana, Jim knows the view from the saddle as well as the view from the office and how important they are to each other. But he just might not take off his boots in the conference room.

Jim also understands the value and importance of tillable acreage, how cattle stocking rate affects rangelands, the ins-and-outs of water rights, habitat management, and a lot more. Along with a desire to get to know a prospective seller or buyer, Jim’s ability to gauge a property’s values and understand the desires of a buyer is a large part of his success–the rest of his successes are the result of his approachable and personable demeanor.

Always willing to share a favorite fishing hole or be the one to buy the first round, Jim finds that nearly all of his clients come to him first through business but then remain as friends. In 1991, he opened the Grizzly Hackle fly shop in Missoula, a brand that became synonymous with fly fishing in Southwest Montana. When his fishing clients started turning to him for help buying Montana ranches of their own, ranch brokering became a logical next step in his career. In 2002, he sold the fly shop and dedicated all of his time to ranch brokerage, eventually founding Western Ranch Brokers.

Jim and his wife Cassandra spend time on their small ranch outside of Belgrade, Montana. When not fishing or riding their horses, they enjoy traveling the West to visit their adult children.

LET OUR EXPERIENCE LEAD THE WAY

The team at Western Ranch Brokers bring a level of expertise and hands on ranch experience you won’t find anywhere else. We are here to ensure you have a reliable, trustworthy, hardworking advisor when buying or selling a ranch. Our handshake is backed by a team of tireless professionals committed to your interests.

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R E L AT I O N S H I P S I N R E A L E S TAT E Montana law requires real estate licensees who are acting as agents of sellers or buyers of real property to advise the potential sellers or buyers with whom they work of the nature of their agency relationship.

SELLERS AGENTS A seller’s agent, under a listing agreement with the seller, acts solely on behalf of the seller. A seller can authorize a seller’s agent to work with subagents, buyer’s agents and/or transaction coordinators. A subagent of the seller is one who has agreed to work with the listing agent, and who, like the listing agent, acts solely on behalf of the seller. Seller’s agents and their subagents will disclose to the seller known information about the buyer which may be used to the benefit of the seller. Individual services may be waived by the seller through execution of a limited service agreement.

BUYERS AGENTS A buyer’s agent, under a buyer’s agency agreement with the buyer, acts solely on behalf of the buyer. A subagent of the buyer is one who has agreed to work with the buyer’s agent with who, like the buyer’s agent, acts solely on behalf of the buyer. Buyer’s agents and their subagents will disclose to the buyer known information about the seller which may be used to benefit the buyer.

Individual services may be waived by the buyer through execution of a limited service agreement.

DUAL AGENTS A real estate licensee can be the agent of both the seller and the buyer in a transaction, but only with the knowledge and informed consent, in writing, of both the seller and the buyer. In such a dual agency situation, the licensee will not be able to disclose all known information to either the seller or the buyer. As a dual agent, the licensee will not be able to provide the full range of fiduciary duties to the seller or buyer. The obligations of a dual agent are subject to any specific provisions set forth in any agreement between the dual agent, the seller and the buyer.

1 2 | Let our experience lead the way.

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HUGGANS LAND COMPANY

®

INFO@WESTERNRANCHBROKERS.COM

|

(406) 589-4160

|

WESTERNRANCHBROKERS.COM