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Stone Creek Grazing Unit Offering Brochure

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STONE CREEK GRAZING UNIT<br />

DILLON, MONTANA | MADISON COUNTY<br />

LISTED EXCLUSIVELY BY


INTRODUCTION<br />

Positioned along the southwestern slope of the Ruby Mountain Range and north of the Sweetwater Basin, the <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong>, with 4,361±<br />

deeded acres, is a prime opportunity to acquire additional summer grass – a commodity that is in high demand in Southwest Montana. With the hyperinflated<br />

land market experienced by the Rocky Mountain States over the past two years, the <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong>, priced with the producer in<br />

mind, is offered at under $585 per deeded acre.<br />

In addition to the deeded acreage, there is a 160-acre State of Montana lease as well as a 462 AUM Bureau of Land Management (BLM) grazing<br />

allotment. During the 2021 grazing season, the Seller took a voluntary 30% reduction in the carrying capacity of the BLM allotment due to the<br />

unusually dry conditions experienced by this region of the State. The Seller anticipates this reduction to be temporary with the BLM but will depend<br />

on precipitation levels during the winter and spring months. Contact our Bozeman Office for updates or questions.<br />

— 1 —


LOCATION & ACCESS<br />

LOCAL SERVICES & SURROUNDING AREA<br />

<strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong>, in Madison County, is located about 21 miles east of Dillon, Montana via Upper <strong>Stone</strong> <strong>Creek</strong> Road to Cottonwood <strong>Creek</strong><br />

Road/Miners <strong>Creek</strong> Road/<strong>Stone</strong> <strong>Creek</strong> Road, which intersects the property.<br />

Most residents travel to either Dillon or Butte for large grocery purchases, banking, movie theaters, agricultural supply stores, and general shopping.<br />

St. James Community Hospital in Butte and Barrett Memorial Hospital in Dillon are both top-notch medical care facilities and provide a good array of<br />

specialists and general practitioners.<br />

The closest commercial airport, Bert Mooney Airport (BTM) located just south of Butte is about one and a half hours from the property. Commercial<br />

carriers include Delta operated by Sky West Airlines with direct flights to Salt Lake City, Utah. This airport also provides a full-service FBO at Butte<br />

Aviation for private aircraft.<br />

Dillon, the county seat of Beaverhead County, is a bustling community of about 4,500 people and home to the University of Montana-Western. The<br />

college is a cornerstone in the area and provides both cultural and educational opportunities for the people of Southwestern Montana.<br />

— 2 —


LOCATION & ACCESS<br />

Approximate distances to other area cities and towns from the main home of <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong> are as follows:<br />

Dillon<br />

21 miles<br />

Butte<br />

83 miles<br />

Bozeman Yellowstone International Airport 116 miles<br />

Helena<br />

131 miles<br />

Idaho Falls, ID<br />

163 miles<br />

— 3 —


ELEVATION & CLIMATE<br />

<strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong> ranges in elevation from approximately 6,550 feet above sea level along the western boundary near Miners <strong>Creek</strong> Road to<br />

around 7,900 feet on the northern boundary of the property. The southern boundary is around 6,900 feet.<br />

The average annual precipitation in Dillon is 10.35 inches, with much of the rainfall occurring in June. The average annual snowfall is 21 inches.<br />

Average high temperatures in June, July, and August range from 73° to 81° Fahrenheit. Summer average minimum temperatures range from 42° to<br />

45°. In December, January, and February average high temperatures are between 32° and 39°. Winter average minimum temperatures are typically<br />

between 10° and 14°.<br />

There is plenty of sunshine in the summer months. The climate allows for approximately 121 growing days annually.<br />

— 4 —


OPERATIONAL & PHYSICAL DESCRIPTION<br />

Comprised of 4,361± deeded acres with a 160-acre State of Montana Lease and Middle Fork BLM Allotment No. 20525, this summer grazing unit<br />

is rated for 1,080 AUMs (Animal <strong>Unit</strong> Months). The <strong>Unit</strong> is well watered with stock tanks and several springs and perennial streams. Pastures are<br />

well-fenced with much of the BLM and State acres fenced in and managed with the deeded land. The turnout date for the BLM is June 20 th with an off<br />

date of October 15 th of each year.<br />

Encumbered with a conservation easement held by the Montana Land Reliance, the easement prohibits construction of a residence but does provide<br />

two building envelopes for agricultural structures and allows for one land division. A copy of the conservation easement document is available upon<br />

request through our Bozeman Office.<br />

Over the past several years, management has treated approximately 500 acres of sagebrush, increasing the grass resource significantly. The pastures<br />

are grazed on a four-year rest rotation grazing system with cattle moved between pastures approximately every three weeks. A pasture that is utilized<br />

in the spring during year-one will be utilized the summer in year-two and the fall in year-three and then rested on year-four.<br />

GRAZING LEASES<br />

Bureau of Land Management<br />

Middle Fork Allotment No. MT20525 462 AUMs Expires October 15, 2029<br />

Note: In 2021, due to the drought conditions experienced throughout Montana, the Seller experienced a 30% cut in numbers by the<br />

BLM. The Seller is uncertain at this time if that cut will remain in effect for the 2022 grazing season.<br />

State of Montana Lease<br />

State Lease No. 3402 160 Acres 49 AUMs Expires February 29, 2028<br />

— 5 —


WATER RIGHTS<br />

Water Right No. Source Flow Priority Date<br />

41C 197251 West Fork of Sage <strong>Creek</strong> 2.50 cfs 1910<br />

41C 197252 Unnamed Trib. of Sage <strong>Creek</strong> 0.75 cfs 1910<br />

MINERAL RIGHTS<br />

The Sellers will convey the Property<br />

without reservation of whatever<br />

mineral, oil, gas, geo-thermal, hydrocarbon<br />

and gravel rights which they<br />

actually own, subject to reservations<br />

by previous owners. The Sellers<br />

make no representation as to the<br />

quantity or quality of any mineral or<br />

other subsurface rights appurtenant<br />

to the Property.<br />

REAL ESTATE TAXES<br />

The real estate taxes for 2021 were<br />

approximately $2,308.70.<br />

— 6 —


FENCES & BOUNDARY LINES<br />

The Sellers are selling <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong> in its “as is-where is” condition which includes the location of the fences as they now exist. Boundaries<br />

shown on any accompanying maps are approximate. The maps are not to scale and are for visual aid only. The accuracy of the maps and information<br />

portrayed thereon is not guaranteed nor warranted.<br />

The Sellers hereby make known that there may be variations between the deeded property lines and the location of the existing fence boundary lines<br />

on <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong>. The Sellers make no warranties with regard to the location of the fence lines in relationship to the deeded property lines,<br />

nor do the Sellers make any warranties or representations with regard to specific acreage within the fenced property lines.<br />

— 7 —


SUMMARY STATEMENT<br />

Solid summer grazing units priced under $585/deeded acre are a rarity in today’s robust market. The <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong> is located approximately<br />

two miles to the southeast of the Barretts Sweetwater Talc Mine. The Mine is accessed via the <strong>Stone</strong> <strong>Creek</strong> Road then north on Cottonwood <strong>Creek</strong><br />

Road. That turnoff is located about one mile before entering the <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong>. The Mine is visible on the aerial map of the Property.<br />

The Seller would prefer an all-cash transaction, however, for a financially viable buyer, the Seller would consider financing the transaction with a 40%<br />

cash down payment with the balance carried at terms and conditions acceptable to the Seller at their sole discretion.<br />

— 8 —


OFFERING PRICE & CONDITIONS OF SALE<br />

<strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong>, as previously described herein, is being offered for sale at $2,550,000 Cash or Terms acceptable solely at the<br />

discretion of the Sellers. The conditions of sale are as follows:<br />

1. All offers to purchase or letters of intent must be in writing and accompanied by a wire transfer of 3.0% of the purchase price to the<br />

escrow account at First American Title Company of Dillon;<br />

2. Earnest money deposits will be placed in escrow with First American Title Company of Dillon, which may place the funds with local<br />

banks at nominal rates of interest accruing to the benefit of the Buyer until Closing;<br />

3. All Prospective Buyers must demonstrate, to the satisfaction of the Seller, absolute financial capability to purchase the Property prior<br />

to scheduling an inspection of the Property;<br />

4. The Sellers will provide and pay for a standard owner’s title insurance policy. Any endorsements requested by the Buyer or any<br />

lender will be at Buyer’s expense. Title to the real property will be conveyed by a deed;<br />

5. All of the water right claims controlled by the Property will be transferred to the Buyer at Closing;<br />

6. Buyers’ Brokers are welcomed and invited to contact Mike Swan in our Bozeman Office for information regarding Cooperation<br />

Policies.<br />

The Sellers reserve the right to effect a tax-deferred exchange for other real property in accordance with provisions in Section 1031 of the<br />

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<br />

which the Sellers may acquire.<br />

This entire <strong>Offering</strong> is subject to errors, omissions, prior sale, change or withdrawal without notice and approval of purchase by the Seller.<br />

Information regarding land classifications, acreages, carrying capacities, crop yields, potential profits, etc., are intended only as general<br />

guidelines and have been obtained from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Seller or Swan<br />

Land Company. Prospective Buyers should verify all information to their sole and complete satisfaction.<br />

— 9 —


Swan Land Company has been authorized by the Seller to act as their Exclusive Real Estate Broker on the sale of <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong><br />

<strong>Unit</strong>. Since 2002, we have primarily focused on the brokerage of significant ranches, farms and recreational properties throughout the<br />

Rocky Mountain West.<br />

This <strong>Offering</strong> is based on information believed to be correct; however, it is subject to errors, omissions, prior sale and change or withdrawal<br />

without notice. Information contained herein has been provided by the Seller or obtained from other sources deemed reliable. The Agent<br />

does not, however, guarantee accuracy and recommends that any Prospective Buyer conduct an independent investigation.<br />

For more information or to make an appointment to inspect the Ranch, please contact:<br />

Swan Land Company<br />

1185 North 14th Avenue – Suite One<br />

Bozeman, Montana 59715<br />

Office 406.522.7342<br />

Toll Free 866.999.7342<br />

www.swanlandco.com<br />

Mike Swan<br />

Broker/Owner<br />

Mobile 406.570.4897<br />

mike@swanlandco.com<br />

A 48-hour notice is requested to make proper arrangements for an inspection of <strong>Stone</strong> <strong>Creek</strong> <strong>Grazing</strong> <strong>Unit</strong>.<br />

— 10 —


Great Falls<br />

Helena<br />

STONE CREEK<br />

GRAZING UNIT<br />

Dillon<br />

Bozeman<br />

Billings


Dillon, MT


Middle Fork<br />

Allotment<br />

Deeded &<br />

State lease<br />

State Land<br />

BLM


Genuine. Devoted. Proven.<br />

866.999.7342 | WWW.SWANLANDCO.COM | INFO@SWANLANDCO.COM

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