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Bone Ranch Offering Brochure

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BONE RANCH<br />

LUSK, WYOMING | NIOBRARA COUNTY<br />

LISTED EXCLUSIVELY BY


TABLE OF CONTENTS<br />

INTRODUCTION1<br />

LOCATION & ACCESS 2<br />

ELEVATION & CLIMATE 3<br />

PHYSICAL & OPERATIONAL DESCRIPTION 4<br />

CARRYING CAPACITY4<br />

MINERAL RIGHTS4<br />

WATER RIGHTS 5<br />

IMPROVEMENTS 7<br />

RECREATION & WILDLIFE8<br />

UTILITIES & SERVICES9<br />

REAL ESTATE TAXES9<br />

FENCES & BOUNDARY LINES 9<br />

SUMMARY STATEMENT 10<br />

OFFERING PRICE & CONDITIONS OF SALE11<br />

CONTACT INFORMATION 12<br />

MAPS13-15


INTRODUCTION<br />

Offered for the first time in over 70 years, the <strong>Bone</strong> <strong>Ranch</strong> represents the rare opportunity to own 2,040 acres of deeded and contiguous grassland in<br />

an area known for cattle production. Located approximately two miles southwest of Lusk, Wyoming, the <strong>Ranch</strong> encompasses open spaces and rolling<br />

hills. The <strong>Ranch</strong> offers stock-watering resources in the form of reservoirs and wells and has historically supported 85 cows year around.<br />

The <strong>Ranch</strong> is a solid grazing unit on 100% deeded property. Private ownership provides the owner the ultimate flexibility necessary to effectively<br />

manage a livestock operation into the future. The choice of grazing the <strong>Ranch</strong> seasonally or year-round will be solely up to the discretion of the<br />

fortunate new owner.<br />

The <strong>Ranch</strong> has two established home sites which provide the new owner the opportunity to build upon the legacy left behind by the <strong>Bone</strong> Family.<br />

— 1 —


LOCATION & ACCESS<br />

The <strong>Ranch</strong> can be accessed by traveling approximately 1.5 miles west of Lusk on Highway 20 and then south for half a mile on Silver Springs Road,<br />

a graveled county road which borders the <strong>Ranch</strong> for approximately 2.25 miles on the eastern edge.<br />

Approximate distances to other nearby towns are as follows:<br />

Lusk, Wyoming<br />

1.5 miles<br />

Torrington, Wyoming<br />

58 miles<br />

Scottsbluff, Nebraska<br />

90 miles<br />

Casper, Wyoming<br />

103 miles<br />

Deadwood, South Dakota<br />

136 miles<br />

Cheyenne, Wyoming<br />

142 miles<br />

Rapid City, South Dakota<br />

151 miles<br />

Denver, Colorado<br />

240 miles<br />

Lusk has all the essential services needed before heading to the <strong>Ranch</strong>. With the Niobrara County Hospital and Clinic, grocery store, several banks,<br />

agricultural supply store, and an excellent public school system, Lusk has the small town feel while providing the essential elements of life.<br />

Casper, Wyoming, approximately 103 miles west of the <strong>Ranch</strong>, has commercial air service with connecting flights to several major hubs including<br />

Denver and Salt Lake City. Torrington also offers additional services for building supplies and equipment to satisfy nearly all the needs on the <strong>Ranch</strong>.<br />

— 2 —


ELEVATION & CLIMATE<br />

The <strong>Ranch</strong> elevation is approximately 5,000 feet above sea level. Lusk experiences a semi-arid climate with cold, dry winters, wet springs, and hot<br />

summers. The average annual precipitation in nearby Lusk is 16.5 inches. With regards to cattle ranching, Lusk and the surrounding area can be<br />

considered one of the most desirable locations to produce cattle in Wyoming. This is due to the quality of the forage and the ability to put solid gains<br />

on cattle with the strong hard native grasses inherent to this area.<br />

— 3 —


PHYSICAL & OPERATIONAL DESCRIPTION<br />

The <strong>Ranch</strong> is divided into seven main pastures by fences which have been well maintained. The heavily sodded pastures indicate a drought-resistant<br />

ecosystem which recovers amply year to year. The <strong>Ranch</strong> is watered by three wells and several stock reservoirs.<br />

The <strong>Bone</strong> Family has historically produced adequate hay from the dryland fields to support the cattle through the winter months.<br />

Acreage Breakdown<br />

Total Deeded Acres<br />

2,040± acres<br />

Native Pasture<br />

1,651.85± acres<br />

Dryland Hay<br />

225.23± acres<br />

Dryland Farming:<br />

162.92± acres<br />

CARRYING CAPACITY<br />

The carrying capacity of the <strong>Ranch</strong> is<br />

owner rated at 85 animal units. With<br />

rolling hills and good grass cover,<br />

the <strong>Ranch</strong> could be managed as a<br />

year-round cow/calf operation or as<br />

a seasonal grazing unit. The <strong>Ranch</strong> is<br />

currently utilized as a year around cow/<br />

calf operation, historically carrying 85 ±<br />

pairs plus bulls.<br />

MINERAL RIGHTS<br />

The Seller will convey with the <strong>Ranch</strong><br />

100% of whatever mineral, oil, gas, geothermal,<br />

hydro-carbon and gravel rights<br />

they actually own, subject to reservations<br />

by previous owners. The Seller makes<br />

no representation as to the quantity or<br />

quality of any mineral or other subsurface<br />

rights appurtenant to the <strong>Ranch</strong>.<br />

— 4 —


WATER RIGHTS<br />

Three wells are located on the <strong>Ranch</strong> and will transfer with the sale. Several reservoirs and intermittent drainages traverse the <strong>Ranch</strong> providing<br />

additional stock watering points for the cattle.<br />

— 5 —


— 6 —


IMPROVEMENTS<br />

Currently there are two established home sites on the <strong>Ranch</strong>.<br />

Homesite 1:<br />

• Home built in 1910, 1,644± square feet, 4 bedrooms and 2 bathrooms.<br />

• Garage, barn, and multiple outbuildings.<br />

Homesite 2:<br />

• Home built in 1900, 1,198± square feet, 2 bed, 2 bath. This home is currently not inhabited, but the location is excellent!<br />

• Quonset, corrals, calving barn, multiple outbuildings.<br />

Gravel Pit<br />

An open and permitted gravel pit is located on the <strong>Ranch</strong>. The new owner will have the benefit of deciding the future of the pit. Please call to discuss<br />

any details associated with the gravel pit.<br />

— 7 —


RECREATION & WILDLIFE<br />

The <strong>Ranch</strong> is home to numerous species of wildlife. Antelope, mule deer, sharp-tailed grouse, sage grouse, Hungarian partridge and waterfowl can be<br />

found on the <strong>Ranch</strong> at various times of the year.<br />

Glendo State Park, 40 miles southwest of the ranch offers approximately 12,000 acres of water for boating and fishing opportunities, camping sites, and<br />

over 40 miles of mountain bike trails.<br />

The Black Hills of South Dakota, northeast of the ranch contain thousands of acres of public land for hiking, camping, and touristic activities including<br />

visits to Mount Rushmore, Deadwood, and the town of Sturgis.<br />

— 8 —


UTILITIES & SERVICES<br />

Electricity is available at both homesites, propane fuels the heating systems, and domestic water is provided by wells at each homesite.<br />

The real estate taxes for 2022 were approximately $2,643.81.<br />

REAL ESTATE TAXES<br />

FENCES & BOUNDARY LINES<br />

The Seller hereby makes known that there may<br />

be variations between the property boundary<br />

lines and the location of the existing boundary<br />

fences on the <strong>Bone</strong> <strong>Ranch</strong>. The Seller makes<br />

no warranties with regard to the location of<br />

the fence lines in relationship to the property<br />

boundary lines, nor does the Seller make any<br />

warranties or representations with regard to<br />

specific acreage within the fenced property<br />

lines.<br />

The Seller is selling the <strong>Bone</strong> <strong>Ranch</strong> in its<br />

“as is-where is” condition which includes<br />

the location of the fences as they now exist.<br />

Boundaries shown on any accompanying<br />

maps are approximate. The maps are not to<br />

scale and are for visual aid only. The accuracy<br />

of the maps and information portrayed therein<br />

is not guaranteed nor warranted.<br />

— 9 —


BROKER SUMMARY STATEMENT<br />

<strong>Bone</strong> <strong>Ranch</strong> is a true grass ranch that is well situated in southeast Wyoming. The 2,040 deeded acres are located in a single block with easy access<br />

from the town of Lusk, Wyoming and located directly adjacent to a well maintained graveled road. The combination of convenience to town, excellent<br />

access, good grass resources, well maintained fences, and appealing natural topography present an opportunity that is rarely available in this part of<br />

Wyoming. The <strong>Ranch</strong> is perfect for those looking for open space and agricultural production while living close to the amenities of a nearby town.<br />

— 10 —


OFFERING PRICE & CONDITIONS OF SALE<br />

<strong>Bone</strong> <strong>Ranch</strong>, as previously described herein, is offered at US $1,950,000.00 Cash or Terms acceptable solely at the discretion of the Seller. The<br />

conditions of sale as of June 2022 are as follows:<br />

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

scheduling an inspection of the <strong>Ranch</strong>;<br />

2. Earnest money deposit will be due upon completion of a fully executed contract, and all earnest money deposits will be held in escrow<br />

by Sovereign State Title Company, Sheridan, Wyoming;<br />

3. 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 warranty deed;<br />

4. Buyers’ Brokers are welcomed and invited to contact listing broker Scott Williams in our Buffalo, Wyoming Office for information<br />

regarding Cooperation Policies.<br />

The Seller reserves 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, potential profits, etc., are intended only as general guidelines and have been obtained<br />

from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Seller or Swan Land Company. Prospective Buyers<br />

should verify all information to their sole and complete satisfaction.<br />

— 11 —


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

of <strong>Bone</strong> <strong>Ranch</strong>. Since 2002, we have focused on the brokerage of significant ranches, farms and recreational<br />

properties throughout the Rocky Mountain West.<br />

This <strong>Offering</strong> is based on information believed to be correct; however, it is subject to errors, omissions,<br />

prior sale and change or withdrawal without notice. Information contained herein has been provided by the<br />

Sellers or obtained from other sources deemed reliable. The Agent does not, however, guarantee accuracy<br />

and recommends that any Prospective Buyer conduct an independent investigation.<br />

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

Scott Williams<br />

Associate Broker<br />

Mobile 307.621.0098<br />

scott@swanlandco.com<br />

A 48-hour notice is requested to make proper arrangements for an inspection of <strong>Bone</strong> <strong>Ranch</strong>.<br />

— 12 —


BONE RANCH


LUSK


Spring<br />

Windmill


Genuine. Devoted. Proven.<br />

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

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