THE LOWER L-BAR RANCH

Transcription

1 Wild West Properties, LLC 7400 Gila Road, NE Albuquerque, NM Randy J. Wood Qualifying Broker THE LOWER L-BAR RANCH Widely known for its excellent big game hunting, the L Bar Ranch is close to town and you can see Albuquerque s Sandia Mountain from the gate. With exceptional mineral and water resources to complement the cattle ranching and wildlife, the L Bar Ranch is a one of a kind New Mexico ranch. Few buyers are able to preserve these remaining large western ranches. This is Big Country. What an opportunity for the right person! LOCATION: The ranch is only 38 air miles northwest of downtown Albuquerque, and approximately 75 miles by road. The drive takes you through spectacular Indian country and across some of the oldest Spanish land grants in the United States. Lying on the mesas and volcanic sculpted landscape northeast of Mount Taylor, or the Tsoodził (Turquoise Mountain) one of the four sacred mountains of Navajo legend, the ranch is about 90 minutes from Albuquerque s international airport. It s only about 60 minutes from Double Eagle Airport where most

2 private aircraft land. The 2-½ hour drive to Santa Fe makes it an ideal vacation location. S IZE AND LAND TENURE: The total acreage is estimated to be 39,000, all in fee simple deeded ownership. Included are 200 acre-feet of irrigation water rights, potential mineral production (uranium) with an undivided 50% of the minerals on this property and an undivided 50% on an adjoining 19,000 acres. GEOGRAPHY: The L-Bar ranges in elevation from approximately 6,300 feet to over 8,500 feet at its highest point giving it two distinctive climates. Much of the property lies on Mesa Chivato, a high mesa running northeast from the peak of 11,300-foot Mt. Taylor. The lower country is considered high desert, with magnificent volcanic sculpted landscape. This is rich productive rangeland, but with relatively low average annual rainfall. Deep arroyos, towering volcanic cones, steep hillsides and broad open valleys that collect the runoff from the surrounding hills carve the desert country. The real beauty of the ranch is that portion that transitions from high desert to the top of Mesa Chivato. This area includes steep sandstone cliffs, rugged buttes, deep canyons and increasing tree cover. Once you reach the Mesa top, you will encounter Ponderosa Pine, Gambel Oak groves and other high mountain brush and forage. Vegetation in the lower country includes varieties of gramma grasses, western wheatgrass, sacaton, mountain mahogany, Chamisa, Apache Plume, winterfat and some fescue. The higher elevations contain many of the same feed sources plus mountain muhly. WILDLIFE: The heart of the ranch is the great diversity of wildlife. Game species include Elk, Mule Deer, Black Bear, Mountain Lion, Bobcats, Barbary sheep, Blue Quail, Morning Dove, and Wild Turkey. Trophy size game has been taken on the ranch. Elk and Mule Deer, in particular, benefit from the diverse terrain with high elevation habitat for late spring, summer and fall. More importantly, the lower country provides excellent winter range for these large herbivores, and they do not have to migrate away from the ranch during changing seasons of the year. Hunting opportunities are immense. Located in New

3 Mexico big game unit #9, the ranch received 30 Bull Elk tags,10 either sex Elk archery tags and 30 cow elk tags from the New Mexico Department of Game and Fish. This significant contribution to the ranch operation is in recognition by the Department of the excellent wildlife habitat management the owners have provided since they purchased the ranch nearly 20 years ago. transition area. The two-story lodge is approximately 3,400 sq. ft. with a great room that provides an inviting atmosphere for guests. The lodge can accommodate 14 guests and has 4 bathrooms. An 18 x 20 guide s bunkhouse provides an additional 6 beds and has a 3/4 bath. The guest lodge sits on a rim that overlooks most of the lower country. IMPROVEMENTS: In addition to the original ranch headquarter s house and cattle handling facilities, the ranch sports an extravagant Hunting Lodge constructed of log and native rock located on spectacular sandstone bluffs midway up the mesa in the The 2,400 sq. ft. headquarter s residence is a modern 3 bedroom, 1 and 3/4 bath home with a large basement. It is adobe stucco construction with a metal roof and many wood accents. The headquarters barn is 28 x 44 adobe stucco. It has a large hayloft that provides ample feed storage. Ranching facilities include a 70 x 125 mechanic shop with living quarters, 60 x 125 hay barn, a 20 x 40 wood working

4 shop, and other out buildings and laborer s homes. There are three livestock working facilities on the ranch. Each is constructed of pipe and designed for ease of use and limited livestock stress. At the headquarters pens there is also a 24 x 60 livestock shed. WATER: A large well provides water for two center pivot sprinkler systems irrigating about 120 acres. The ranch has a total of 200 acre feet per year of irrigation water allocated to 560 acres. This is a huge benefit for increasing the number and quality of the elk herd, or for producing cattle feed. Additionally the ranch has 7 domestic and livestock wells, numerous springs, over 150 dirt tanks, and some intermittent creeks. A 1.25 pipeline system serves the lower country, providing livestock and wildlife water for much of the lower ranch. Salado Creek, an intermittent stream, forms the extreme southern boundary of the ranch. MINERALS: The ranch has an undivided 50% of the minerals and the executive rights for those minerals except for a small nonparticipating royalty interest. All minerals owned on the property by the ranch owner will be included in the offering. Additionally the buyer will receive an undivided 50% of the minerals on approximately 19,000 acres of an adjoining property. The property is located in the San Juan Basin, famous for its natural gas production. Geological studies indicate probable natural gas deposits under the ranch and also potential underground natural gas storage. More importantly, uranium mines located just to the west and south of the ranch indicate the possibility of uranium mining on the property. Many experts feel that nuclear power is the true alternative energy to oil and the potential value of the mineral rights are significant. A Uranium survey is being completed at this time. LIVESTOCK: The diverse altitudes allow for summering livestock at the higher elevations while using the lower country for winter grazing and calving. Some supplemental feeding is required in the winter, but snow seldom lingers on the lower pastures. Cattle grazing has been kept to a minimum to enhance wildlife habitat. The ranch should easily carry 650 animal units year

5 long. Although the ranch has an excellent interior road system, there are still plenty of opportunities to manage the pastures on horseback. UTILITIES: Electrical service is furnished to the headquarters and some of the wells. A large capacity diesel generator powers the lodge. Propane is used for most heating appliances. COMMENTS: The L - Bar Ranch is a truly magnificent western New Mexico ranch that contains all the things the discriminating ranch buyer seeks. It has beautiful scenery, absolute privacy, great potential income from natural resources and it is located in one of the best big game hunting areas in New Mexico. Important Note: Wild West Properties, LLC represents the Seller. This property is offered subject to prior sale, change in price or removal from the market without notice. All information contained herein has been compiled from the owner or sources deemed reliable, but is not guaranteed by Wild West Properties, LLC or its agents. Readers are sincerely urged to form their own evaluations and conclusions in consultation with legal counsel, accountants and investment advisors concerning all material herein. Cooperating Brokers: participating commission to be paid only upon completion of closing and funding of transaction. The L Bar Ranch Location Map Only 90 minutes from the Albuquerque Sunport International Airport makes it perfect for an upscale hunting ranch or simply for an executive get away and investment opportunity. We are not aware of any comparable properties available for purchase this near the largest city in New Mexico and only 2 and ½ hours from historic Santa Fe, NM PRICE: $30,000, Shown to pre-qualified buyers only. Seller reserves the right to require that any Purchase Offer contains a provision for Buyer to cooperate, at no cost to Buyer, in Seller completing an IRC 1031 Exchange at closing.

6 2002 DeLorme ( 3-D TopoQuads. Data copyright of content owner. Scale: 1 : 100,000 Map Rotation: 0 Magnetic Declination: 10.7 E 1 mi

7 2002 DeLorme ( 3-D TopoQuads. Data copyright of content owner. Scale: 1 : 700,000 Map Rotation: 0 Magnetic Declination: 10.5 E 10 mi

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