BUTLERRANCH
YellowstoneCounty
+/-2,006TotalAcresMLS#343635
GoldenValleyCounty
CONTENTS OVERVIEW……………........................................................................4 PROPERTYOVERVIEW.........................................................6 INTRODUCTION……….....................................................................7 ACCESS……………………………………………................................................8 PROPERTYHIGHLIGHTS…………................................10 LISTINGSNAPSHOT.…………………………………………..11 AREAINFORMATION...........................................12-15 WATERRIGHTS……….........................................16&19 TERMS&CONDITIONSOFSALE.................17 LISTINGAGENTS...................................................................26 2 “EVERYONEWHOMOVESTO MONTANAWANTSTOBETHE LASTONEALLOWEDIN.” -GLENNLAW
TrentJohnson,REALTOR P:1-(307)-680-0033 E:trent@westrangeventures.com TaiteJohnson,REALTOR P:1-(307)-680-7133 E:taite@westrangeventures.com Appraisal BrokerageConsulting Management ProductionAg
OVERVIEW
Economicalsummergrazingunit,orrural development.Investmentpotential!
+/-2,006.56totalacreslocatedapproximately26 milesnorthofBillings,alongMTHWY3,justminutes northofBroadview,MT.+/-1,686DeededAcres. Potentialtoserveasasupplementaladd-onunitto existingoperations,orstandalonewithastarter operation.ProximitytoBroadviewcouldprovide RuralResidentialopportunitytopotential investors/owners.
Rollingsagecoveredcouleesfeedthepondsand reservoirsthatdottheproperty.TheButlerRanchhas beenthegotosummergrasssourceforbothofthe previoustwoowners.Historicallycapacitysits between90-110cowcalfpairs.Thetworeservoirs andthreetanksfedbywellandpipeline.Anewsolar wellwasaddedlastyeartothewesternmostparcelto secureconsistentwaterforlivestock.Theranch containsapassthroughovertherailroadtoallowthe rotationofstockthroughouttheranch.Thebench southoftheBigSeepboastssomequalitydryhayland recentlyoutofCRP.Thisareaisnotableforit’sdry croplandproductionandtheButlerranchisprimeto beconvertedfromgrazingtofarmingasavalueadd!
5
Weunderstandthatafarm/ranchismorethananasset.It isanidentity,apurpose,andalegacy.Assixthgeneration producers,webelieveintheimportanceofreputationand character.Moreimportantly,webelievethatattheendof thedaytheseshouldbethesamething.Werecommend choosingateamthatbestsuitsyourneedsandinterests.As thefaceofWestRangeVentures,ourprofessionalsare highlyfocusedonprovidingmassivevalueandoptionsto ourcustomers.Wearededicatedtomeetingourclients’ relevantpersonalandprofessionalneedstothebestofour ability.
Asbrotherswhogrewupranching,weunderstandwhatit meanstobeonbothsidesofthetransaction.Ourhopeis thatbyservingtheindustrythatmadeuswhoweare,we canrelatetoourclientsatahighlevelandprovide authenticvaluetoyouroperationandlegacy.
Fromouroperationtoyours,
Thankyouinadvancefortheopportunitytoearnyour business!
TrentJohnson,REALTOR P:1-(307)-680-0033 E:trent@westrangeventures.com TaiteJohnson,REALTOR P:1-(307)-680-7133 E:taite@westrangeventures.com
PropertyOverview
TheButlerRanchisidealforareaproducerslookingtoexpand operationsoranyprospectivelandowner/producerwithaneyefor development.Themildwinters,reliablewatersources,andhard grassmakethispropertyagoodstarterranchorsupplemental summergrassunit.ThestripoffrontagelandbetweenBroadview andtheranchesnorthendoffertheabilitywithdevelopmentto accommodateruralresidentiallivingconvenientlylocatednear thestateslargestcity.Theranchhasonlyhadtwoownersinthe last40years,andthepropertyhasbeenmaintainedinkeeping withranchingandfarmingtraditions.Currently,theranchisrun asacattleoperation,year-roundingabout100mothercows.Fence linesthroughoutthepropertyhavebeenwellkeptandareingood condition.
1
2 Introduction
SituatedinthediverselandscapesofCentralMontana,Broadview haslongbeenarailroadtownofold.TheBNSFrailwayruns throughthepropertyandassuch,theinteriorcrossfencingthat dividesthetwomainpasturesisingreatcurrentcondition.The farmhasmultiplewellsattachedtoapipelinethatstretchesthe lengthofthepastureeastoftherailroadfeedingmultipletanks. Askforthewateroperationdocument,foramoreindepth understandingofthisrancheswatersystems.Multiplesmall reservoirsandpondsdotthisranchforseasonalwaterstorage. Theseponds,locatedthroughouttheproperty,allowforadditional stockwaterresources.Thisareahasgoodpopulationsofdeer, antelopeandsomeuplandgamebirdsthatfrequentthearea.
AlternativeEnergyinthearea:
Justover30milestothenorthwest liesTheJudithGapWindEnergyCenter.Builtin2005between HarlowtonandJudithGap.90towersrise262feetabovethe prairie,supportingGeneralElectricturbineswhicharepoweredby three126-footblades.Eachturbineiscapableofproducing1,500 kilowattsofpower.Expectedannualoutputis450,000,000KW hours.AllpowerissoldtoNorthwesternEnergyunderlong-term contract.Theseturbinesprovideanexcellentsourceoflongterm incomeforfarmsinthearea.Thispropertyisnotcurrentlyparty toanyalternativeenergyprogramsorcontracts.Contactbroker formoreinformationifinterested.
TheButlerRanchisaccessedviaStateHWY3.Anall-seasonpavedhighway.Billingsisapproximately25miles tothesouthandprovidesdirectaccesstotheInterstatesystem,whichconnectyoutotherestofthestate.
MTHWY3
3Access
4PropertyHighlights
TheButlerRanchisidealforareaproducerslookingtoexpandoperationsoranyprospective landowner/producerwithaneyefordevelopment.Themildwinters,reliablewatersources,andhard grassmakethispropertyagoodstarterranchorsupplementalsummergrassunit.Thestripoffrontage landbetweenBroadviewandtheranchesnorthendoffertheabilitywithdevelopmenttoaccommodate ruralresidentiallivingconvenientlylocatednearthestateslargestcity.
Theranchhasonlyhadtwoownersinthelast40years,andthepropertyhasbeenmaintainedinkeeping withranchingandfarmingtraditions.Currently,theranchisrunasacattleoperation,year-rounding about100mothercows.Fencelinesthroughoutthepropertyhavebeenwellkeptandareingood condition.
Thenewstatewaterpipelineprojectthatwillberunningfreshwatertothesmallruraltownslike Harlowton,Roundup,andBroadviewwillrundirectlythroughtheproperty.Ownersarecurrentlyin negotiationstohaveanintegralpumphouseandmultiplehookupstothelineontheproperty.New ownerscouldbepartofthisandcustomizethewaterontheranchtomatchtheirneedsordevelopnew ruralresidentialsitesinthefuture.
•Unimproved,summergrassunitw/dryhayfeed baseacres
•Estimated+/-100mothercowyearroundcapacity
•3HWYAccesspoints;PermanentAccess EasementthroughneighborstoButlerRanchWest parcel
•HD515(Elk/Deer)
•Views:Little/BigSnowyMountainRanges
•Lessthan30min.northofBillings,MT
•Deer,Antelope,UplandBirds
•Taxes:+/-$1,037.50
•+/-2,006totalacres
•+/-1,686deededacres
•+/-320acresleasedfromtheStateofMontanafor grazing(#4611)
5ListingSnapshot
AreaInformation~What’sNearby?
Billings,MT
Culture,Art,&Recreation
Breweries
Theregionalhubandthelargestcityina500-mileradius.Thislocationhasbecome thedestinationforcommercialandretaildevelopment.Itsproximitytoamajor entrypointtotheWestEndofBillingsprovidesthispropertyendless opportunities.ThetownofBillingswasestablishedin1882andnamedafter FredrickH.Billings,presidentoftheNorthernPacificRailway.Thecitywasformed bytherailroadasitswesternrailheadforitsfurtherwestwardexpansion.Initially, thenewtownhadjustthreebuildings.However,ithadgrowntomorethan2,000 inonlyacoupleofmonths.ThatinspiredthenicknameofBillingstobetheMagic CityofMontanasinceitappearedovernightjustlikemagic.
Broadview,MT
Broadview,locatedinsouth-centralMontana,isacharmingsmalltownsituated justnortheastofBillings.Despiteitsmodestpopulationoffewerthan200 residents,thetownhasarichhistorydatingbackto1908,whenthepostoffice wasestablishedduringtheconstructionoftheGreatNorthernRailway’sBillings andNorthernline.
ThecraftbeerscenehereisprettyincredibleandBillingsishometooneofthemultiplebreweries, coffeeshops,trailnetworks,theYellowstoneRiverandspiritmakers.Theculinarysceneisalso oneofthebestintheregion.Itisjustagreatvibe.
Food Culture
Don’tletthenamefoolyou,thefoodsceneissneakygood!Restaurantslike“TheBurgerDive”are oneofthebestkeptsecretsinthestate.Thepopularspotboastssomeaward-winningburgerssuch as“I’mYourHuckleberryBurger”withmouthwatering“HuckleberryHatch”chilibarbecuesauce. Infact,theBurgerDiveisworld-famous!BradHalsten,ownerandheadchefofTheBurgerDive, waspreviouslycrowned“BurgerChampion”attheWorldFoodChampionships.
Billingsishometomultiplevenues,events,andallkindsofurbanamenities.Theextensivetrails, golfcourses,nearbyrecreation,andareaagriculturemakeBillingsMToneofthemostwellsuited destinationsforeconomyandculturetomerge.EnjoytherarepairingofHistoryandProgress offeredbythisarea.
6Airports
DOMESTICAIRPORTS
BILLINGS-LOGANINTL.AIRPORT(BIL/KBIL)
BILLINGS,MT|30MILES
BOZEMANYELLOWSTONEINTL.AIRPORT(BZN/KBZN)
BOZEMAN,MT|105MILES
ROUNDUPAIRPORT(RPX/KRPX)
ROUNDUP,MT|27MILES
LAURELMUNICIPALAIRPORT(6S8)
LAUREL,MT|31MILES
PRIVATEAIRPORTS
EDWARDSJETCENTER,LOCATEDINBILLINGS,MT (KBIL)CANACCOMMODATEAWIDEVARIETYOF PRIVATEAIRCRAFTS.WITH75FULL-TIME
EMPLOYEESEJCOFFERSAFULLRANGEOFFBO
SERVICESINCLUDINGFUEL,AIRCRAFTPARKING, HANGARANDMAINTENANCE.
BUTLERRANCH|BROADVIEW,MT|YELLOWSTONE/GOLDENVALLEYCOUNTY
AVERAGERAINPERYEAR 14INCHES
SUMMMERAVERAGEHIGH 87DEGREES,HOTTESTMONTHISJULY AVERAGESNOWPERYEAR 53INCHES
www.wrvranchrealty.com1(307)-680-7133;1(307)-680-0033info@westrangeventures.com
7Climate
82
2023PropertyTax|$1,037.50
AVERAGEDAYSOFPRECIPPERYEAR
AVERAGEELEVATION 3,670–4,060FT
202
AVERAGEWINTERLOW 14DEGREES,COLDESTMONTHIS JANUARY AVERAGESUNNYDAYSPERYEAR
WaterRights
AccordingtotheMTDNRC, theButlerRanchhasfour activerecordedwaterrights appurtenanttotheproperty forstockuse.Theproperty pullsthemajorityofits appurtenantwaterrights outofthearea groundwater.Appurtenant enforceableprioritydates backto1921.Pleaseaskour agentsforacopyofthe ButlerRanchWater OperationDoc,detailingall thingswaterontheranch.
MineralRights
Sellerdoesnotretainany rightstothemineralsor subsurfacerights.All availabletotransfer.
Conservation
TheButlerRanchdoes nothaveaconservation easementinplace.
•Allpurchaseoffersmustbeinwritingandspecifyanearnest moneyamountequaltonolessthan2.00%oftheBuyer’s offeringprice.Earnestmoniesshallbedepositedinescrow within5businessdaysofacceptanceoftheofferbyboth parties.
•AllBuyersmustprovidethecontactinformationofthe Buyer’sbankerorfinancialinstitutionthatcanassistthe SellersandtheiragentsinvalidatingtheBuyer’sfinancial abilitytoexecutethetransaction.AllPurchasersmust demonstratetotheSeller’ssatisfactionunquestioned financialcapabilitytopurchasetheproperty.
•AnyendorsementsrequestedbytheBuyeroranylenderwill beattheBuyer’sexpense.Titletotherealpropertywillbe conveyedbywarrantydeed.
•AlloftheRanch’swaterrightswillbetransferredtothe BuyerandallofthemineralrightswhichtheSelleractually ownswillbeconveyedtotheBuyeratClosing.
•TheSellerreservestherighttoeffectatax-deferred exchangeforotherrealpropertyinaccordancewith provisionsinSection1031oftheInternalRevenueCode. TheBuyerwillnotberequiredtoincuranyadditional expensesnortostepintothechainoftitleonanyproperty whichtheSellermayacquire.
Notice
Offeringissubjecttoerrors,omissions,priorsale,changeorwithdrawal withoutnotice,andapprovalofpurchasebyowner.Information regardinglandclassifications,acreages,buildingmeasurements, carryingcapacities,potentialprofits,etc.,areintendedonlyasgeneral guidelinesandhavebeenprovidedbysourcesdeemedreliable,butwhose accuracywecannotguarantee.Prospectivebuyersshouldverifyall informationtotheirsatisfaction.Prospectivebuyersshouldalsobe awarethatthephotographsinthisbrochuremayhavebeendigitally enhanced.
Terms&ConditionsofSale
EnforceablePriorityDate
AppurtenantWaterRightID’s
WaterRightNumber 10/27/2000 43Q11363200 4/1/1921 43Q11333700 12/22/2021 40A30154463 6/13/2023 43Q30160994
Broadview
SERVICESOFFEREDBYWESTRANGEVENTURES
1.REALESTATEBROKERAGE-WESTRANGEisproudtohavepartneredwiththeoldestandlargestrealestatecompanyinthenationto formTheRanchTeam@ColdwellBanker.OurpartnershipwithColdwellBankerbringsusonestepclosertowardsourgoalofbecominga completelyintegratedserviceproviderforallyourluxury,production,andrecreationalfarmandranchrealestateneeds.TheRanch Team@ColdwellBankercanhelpguidethesale/purchaseofyourranch.
2.REALTYENHANCEMENT–LandandRanchesarenosimpleassettoherald.Today’sownersmustbeabletonavigatemanycomplex arenassuchaswaterrights,mineralrights,taxstrategies,estateplanningandrealestatelawtonameafew.Thevalueofanassetisoften timesmeasuredbythequalityandutilizationofitsresources.FarmsandRanchesarenoexception.Resourcemaximizationisoftenthe investmentobjectiveoneseeksfromtheownershipofaranch.Ourteamisabletoassisteverystepofthewayfromestateplanning, wealthmanagement,and1031taxdeferredexchangestotheassessmentofphysicalresourcessuchaswildlifehabitat,waterresources andanysubsequentoversightoftheprocessinvolvedwiththeenhancementoftheseresources.
3.WEALTHMANAGEMENT&ESTATEPLANNING–Weareveryproudofthepartnershipsandprofessionalnetworkavailabletoour clients.WehavepartneredwithKennedyFinancialtoofferclientstoptierWealthManagementandEstatePlanningservices.Visittheir websiteorcalloneofouragentstoseethewayswecanhelp.Theeconomicstateoftheworldisconstantlyinflux.Wewantedtogiveour clientstheoptiontoownariskaverse,lowbeta,appreciationcentricassetlikeafarmandranch,butwerecognizethevalueofflexibility. Ifdesired,ourprofessionalnetworkisinplacetoseamlesslyconnectyoutoaColdwellBankerCommercialagent,readytohelptransition yourranchintoacashflowingasset.TheresidentialexpertsatColdwellBankerTheBrokerscanquicklyfindyouahomelocallyor anywhereinthenationthroughourinhousereferralprogramtohelpeasethemovingprocess.
4.RANCHMANAGEMENTSERVICES–WRV’SRanchManagementTeamwasbuiltaroundtheideathatownerstodayneedoptionsand expert,specializedservice.Servicesarecustomizedtosuittheowner’sneedsandcanbeasintensiveorrelaxedasdesired.Services usuallybeginwiththerecruitingandhiringofasuitableranchmanagerorcaretakerandarefollowedbythedevelopmentofa managementoroperatingplanalongwithappropriatebudgets.Ourteamisreadytoprovideservicestoownersincludingbutnot limitedto:Billpaying,ranchoversight,andconsultingservicesasneeded.Eventhemostsophisticatedandexperiencedranchowners appreciatethevalueofamanagementfirmrepresentingthemandprovidingadviceonlocalareapracticesandcosts.
5.APPRAISALS–Thelandmarketinnon-disclosurestateslikeMT&WYiswroughtwithdynamiceconomicconditionsandsuccess requiresabroadprofessionalnetworktotapinto.Ourappraisersunderstandthecriticalappraisalprocessaswellasthedifferencesin valuefromoneareatoanother.TheappraisalteamatWESTRANGE,formedentirelyofCertifiedandAccreditedMembersofthe AmericanSocietyofFarmManagersandRuralAppraisers(ASFMRA).Thisprofessionalnetworkcoupledwithdiverseexperienceacross multipleregionsandmarketsegmentsallowsourappraisalteamtodeliveraqualityproductinareasonabletimeframesoyoucanmake aninformeddecision.
6.PRODUCTIONAG–Wewantedtobeabletoprovidevaluethroughandafterthesale.Ourteamisproudtoworkcloselywiththefeedlots andlivestockcommissionsacrossthestatetooffercattlebuyingandfeedingoptionstonewandexistingowners.Giveusacalltotalkto oneofourprofessionalsabouthowwecanhelp.
UNDERSTANDINGWHOMREALESTATEAGENTSREPRESENT
MontanalawrequiresthatBUYER’sandSELLER’sbeadvisedaboutthedifferenttypesofagencyrelationshipsavailabletothem(MCA§37-51-102 &37-51-321).Arealestateagentisqualifiedtoadviseonlyonrealestatematters.Astheclientorasthecustomer,pleasebeadvisedthatyouhave theoptionofhiringoutsideprofessionalservicesonyourownbehalf(legalandtaxcounsel,homeorbuildinginspectors,accountant, environmentalinspectors,rangemanagementoragriculturaladvisors,etc.)atanytimeduringthecourseofatransactiontoobtainadditional informationtomakeaninformeddecision.Eachandeveryagenthasobligationstoeachotherpartytoatransactionnomatterwhomtheagent represents.Thevariousrelationshipsareasfollows:
SELLER’sAgent:exclusivelyrepresentstheSELLER(orlandlord).ThisagencyrelationshipiscreatedwhenalistingissignedbyaSELLER/owner andarealestatelicensee.TheSELLER’sagentrepresentstheSELLERonlyandworkstowardsecuringanofferinthebestinterestoftheSELLER. TheSELLERagentstillhasobligationstotheBUYERasenumeratedherein.
BUYER’sAgent:exclusivelyrepresentstheBUYER(ortenant).ThisagencyrelationshipiscreatedwhenaBUYERsignsawrittenBUYER-broker agreementwitharealestatelicensee.TheBUYERagentrepresentstheBUYERonlyandworkstowardssecuringatransactionunderthetermsand conditionsestablishedbytheBUYERandinthebestinterestoftheBUYER.TheBUYERagenthasobligationstotheSELLERasenumeratedherein.
DualAgent:doesnotrepresenttheinterestsofeithertheBUYERorSELLERexclusively.Thisagencyrelationshipiscreatedwhenanagentisthe SELLER’sagent(orsubagent)andentersintoaBUYER-brokeragreementwiththeBUYER.Thisrelationshipmustreceivefullinformedconsentby allpartiesbeforea“dual-agency”relationshipcanexist.The“dualagent”doesnotworkexclusivelyfortheSELLERortheBUYERbutworksfor bothpartiesinsecuringaconclusiontothetransaction.Ifyouwantanagenttorepresentyouexclusively,donotsignthe“DualAgency”Disclosure andConsent”form.
StatutoryBroker:isalicenseewhoassistsoneormoreofthepartiesinatransactionbutdoesnotrepresentanypartyasanagent.Alicenseeis presumedtobeactingasa“statutorybroker”unlesstheyhaveenteredintoalistingagreementwiththeSELLER,aBUYER-brokeragreementwith theBUYER,oradualagencyagreementwithallparties.
In-HouseSELLERAgentDesignate:isalicenseedesignatedbythebroker-owner/manager(oftherealestatebrokerage)tobetheexclusiveagent fortheSELLERforaspecifictransactioninwhichthebrokeragehasthepropertylistedandtheBUYERisworkingdirectlythroughthesame brokeragealso.ThisagentmaynotactonbehalfofanyothermemberofthetransactionandworksforthebenefitoftheSELLER,butstillis obligatedtotheBUYERasanySELLER’sagentwouldbe.In-HouseBUYERAgentDesignate:isalicenseedesignatedbythebroker-owner/manager (oftherealestatebrokerage)tobetheexclusiveagentfortheBUYERforaspecifictransactioninwhichthebrokeragehasthepropertylistedand theBUYERisworkingdirectlythroughthesamebrokeragealso.Thisagentmaynotactonbehalfofanyothermemberofthetransactionand worksforthebenefitoftheBUYER,butstillobligatedtotheSELLERasanyBUYER’sagentwouldbe.
Subagent:isanagentofthelicenseealreadyactingasanagentforeithertheSELLERorBUYER.A“SELLERagent”canoffer“subagency”toanagent toactonhisbehalftoshowthepropertyandsolicitoffersfromBUYER’s.A“BUYERagentcanoffer“subagency”toanagenttoactonhisbehalfto locateandsecurecertainpropertymeetingtheBUYER’scriteria.
TaiteJohnson&TrentJohnsonofColdwellBankerTheBrokersaretheexclusiveagentsoftheSeller.
ButlerRanch
Butler Ranch
307-680-7133 TAITE@WESTRANGEVENTURES.COM TAITEJOHNSON FORMOREINFORMATIONOR TOMAKEANAPPOINTMENTTO INSPECTTHEPROPERTY, PLEASECALLTAITE,TRENT,OR OUROFFICE.