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Tongue River Ranch - Pfister Land Company, LLC

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<strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong><br />

Rosebud County, Montana


INTRODUCTION<br />

The <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong> represents 2,000+/- deeded acres located on the famous <strong>Tongue</strong> <strong>River</strong>,<br />

between the towns of Ashland and Birney, in Rosebud County, Montana. With over four miles of the<br />

<strong>Tongue</strong> <strong>River</strong> serving as the west boundary to the property, it is a haven for wildlife. Heavily treed<br />

along the river, the ranch provides excellent habitat for a variety of wildlife, including Whitetail and<br />

Mule Deer, Ringneck Pheasant, Wild Turkey, and an abundance of waterfowl. The river holds a<br />

diversity of fish species, such as Channel Catfish, Sauger, Shovelnose Sturgeon, Smallmouth Bass, and<br />

Walleye. There are approximately 300<br />

acres of sub-irrigated hay fields<br />

mending the river banks. The east side<br />

of the ranch comprises more<br />

stereotypically “old west” topography.<br />

With rugged pine ridges, rocky<br />

outcroppings, native plains grasses, and<br />

sagebrush draws, this portion of the<br />

ranch provides a sanctuary for Mule<br />

Deer and upland game birds. On the<br />

south border of the ranch lies the Custer<br />

National Forest which is the largest<br />

block of federally owned land in eastern<br />

Montana. The <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong> is a<br />

unique offering that brings together a<br />

variety of western landscapes and<br />

features.<br />

LOCATION AND ACCESS<br />

The <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong> is located six<br />

miles south of Ashland, MT and 16<br />

miles north of Birney, MT on the<br />

<strong>Tongue</strong> <strong>River</strong> Rd. The ranch is easily<br />

accessed off Montana State Highway<br />

212, by turning south out of Ashland on<br />

the <strong>Tongue</strong> <strong>River</strong> Rd. and traveling six<br />

miles up the river. The roads accessing<br />

the ranch are state and county<br />

maintained.<br />

• 125 miles to Billings, MT<br />

• 120 miles to Miles City, MT<br />

• 80 miles to Hardin, MT<br />

• 80 miles to Sheridan, WY<br />

• 50 miles to Broadus, MT<br />

• 16 miles to Birney, MT<br />

• 6 miles to Ashland, MT<br />

www.pfisterlandco.com<br />

2


SIZE AND DESCRIPTION<br />

The <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong> consists of 2,000+/- deeded acres located in the <strong>Tongue</strong> <strong>River</strong> Valley of Rosebud<br />

County, Montana. The ranch offers unique diversity, with river bottom riparian features on the west side<br />

of the ranch, to a higher elevation mountainous topography on the east side. The land conveniently<br />

divided by the county maintained <strong>Tongue</strong> <strong>River</strong> Road, gives good year-round accessibility to both areas of<br />

the ranch. With approximately 4 miles of the <strong>Tongue</strong> <strong>River</strong> serving as the west boundary, the ranch has<br />

excellent fishing for Channel Catfish, Sauger, Shovelnose Sturgeon, Smallmouth Bass, and Walleye. The<br />

ranch also provides excellent hunting for<br />

Pheasant, Grouse, Mule and Whitetail deer,<br />

Antelope, waterfowl and Merriam Turkey. The<br />

general area surrounding the property includes<br />

similar ranches and farms, and the <strong>Tongue</strong><br />

<strong>River</strong> <strong>Ranch</strong> borders the Custer National<br />

Forest on the south end.<br />

SHARPTAIL GROUSE ON THE RANCH<br />

IMPROVEMENTS<br />

There are two residence locations on the<br />

ranch, one with a newer mobile home and a<br />

metal shop, and the other with two older<br />

homes and outbuildings. <strong>Tongue</strong> <strong>River</strong><br />

<strong>Ranch</strong> offers numerous homestead sites with<br />

beautiful, panoramic views of the area<br />

mountains and the lush river bottom below.<br />

www.pfisterlandco.com<br />

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TONGUE RIVER RANCH MULE DEER


COMMUNITY AMENITIES<br />

The town of Ashland, population approximately 453, is deeply rooted in its western heritage and serves<br />

as the regional center of a larger ranching community. Everything most people need for everyday living<br />

is available in Ashland. Ashland also has a post office, park, restaurants, medical clinic, excellent EMT<br />

service, hardware store, volunteer fire department, outdoor arena and community center with fitness<br />

center, motels, gas stations, museum and a public library. Ashland is just 2 hours away from Billings,<br />

MT where you can find an international air service, shopping, entertainment, restaurants, and excellent<br />

medical facilities. Ashland, Montana is located along U.S. Highway 212, the shortest route between the<br />

Black Hills and Yellowstone National Park. Nestled between the Cheyenne Indian Reservation to the<br />

west, and the Custer National Forest to the east, it is located on the <strong>Tongue</strong> <strong>River</strong>. Ashland is cattle<br />

country and is also the headquarters for one ranger district of the Custer National Forest.<br />

MINERAL RIGHTS<br />

There has not been a mineral rights search completed on the <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong>. Owners of the ranch<br />

believe to own some of the properties mineral rights, and will transfer ½ of their mineral rights, currently<br />

in their possession, to the buyer.<br />

VIEWING THE EASTSIDE OF THE TONGUE RIVER RANCH<br />

www.pfisterlandco.com<br />

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WATER RIGHTS<br />

All water rights appurtenant to the <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong> will transfer to the buyers of the property. At<br />

present time a water rights search has not been performed on the ranch. There are approximately 4 miles<br />

of the <strong>Tongue</strong> <strong>River</strong> flowing on the West side of the ranch. Along the river, the approximate 300 acres of<br />

fields have been naturally sub-irrigated and used for hay production and cattle pasture. The fields are a<br />

grass, alfalfa grass mix, and with new tillage and seeding could be increased in production. There are 4<br />

water wells distributed on the ranch. Owners represent that there are two wells approximately 80 feet<br />

deep, at the main ranch residence, one that is<br />

in use, and at the second residence location<br />

there is a free flowing artesian well that is<br />

approximately 400 feet deep. There is also a<br />

well on the east side of the ranch.<br />

FREE FLOWING ARTESIAN WELL<br />

www.pfisterlandco.com<br />

5<br />

VIEW OF TONGUE RIVER


RECREATIONAL RESOURCES<br />

The <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong> offers a variety of wildlife including Mule Deer, Whitetail, Antelope, Pheasant,<br />

Grouse, Partridge, Bobcats, and occasionally, Mountain Lions. With the <strong>Tongue</strong> <strong>River</strong> flowing the west<br />

boundary of the ranch, it offers exceptional fishing and river bottom, riparian habitat. The ranch borders<br />

the Custer National Forest to the South, which offers over one million acres of scenic recreational lands<br />

available for public use. The recreational amenities near and on the property include the following:<br />

• Hunting<br />

• Golfing<br />

• Fly Fishing<br />

• Canoeing, boating & swimming<br />

• Four-wheeling<br />

• Snowmobiling<br />

• Camping<br />

• Cross-country skiing<br />

• Rock Climbing<br />

GEESE AND MULE DEER ON THE RANCH<br />

www.pfisterlandco.com<br />

6<br />

• Hiking<br />

• Horseback riding<br />

• Mountain bike riding<br />

• Wildlife watching


TAXES<br />

The estimated Rosebud County real estate property taxes for 2008 were approximately $1,986.19<br />

LOOKING SOUTHEAST FROM THE EAST SIDE OF THE RANCH<br />

www.pfisterlandco.com<br />

7


OFFERING PRICE<br />

The <strong>Tongue</strong> <strong>River</strong> <strong>Ranch</strong> is being offered for $4,000,000 (Four Million Dollars), all cash, which equates to<br />

approximately $2,000 per deeded acre.<br />

CONDITIONS OF SALE<br />

The sellers shall require an all cash sale.<br />

I. All offers shall be:<br />

a. in writing,<br />

b. accompanied by an earnest money deposit check in the minimum amount of 5% of the<br />

offering price.<br />

II. All earnest money deposits will be deposited in the Listing Broker’s trust account.<br />

III. The sellers shall provide and pay for an Owner’s title insurance policy in full satisfaction of the<br />

negotiated purchase price.<br />

IV. Both buyer and seller shall be responsible for their own attorney’s fees.<br />

V. Closing costs are to be shared split equally by the buyer and seller.


FENCE AND BOUNDARY LINES<br />

The seller is making known to all potential purchasers there may be variations between the deeded<br />

property lines and the location of the existing fence boundary lines on the subject property. Seller makes<br />

no warranties with regard to location of the fence lines in relationship to the deeded property lines, nor<br />

does the seller make any warranties or representations with regard to specific acreage within the fenced<br />

property lines. Seller is selling the property in an “AS IS” condition which includes the location of the<br />

fences as they exist. Boundaries shown on any accompanying maps are approximate, based on the legal<br />

description. Maps are not to scale and are for visual aid only. The accuracy of the maps and information<br />

is not guaranteed.


TONGUE RIVER RANCH LOCATION MAP


TONGUE RIVER RANCH MAP


TONGUE RIVER RANCH SATELLITE MAP


<strong>Pfister</strong> <strong>Land</strong> <strong>Company</strong>, <strong>LLC</strong> is pleased to have been selected as the Exclusive Agent for the seller of this<br />

offering. All information has been obtained from sources deemed reliable by <strong>Pfister</strong> <strong>Land</strong> <strong>Company</strong>,<br />

<strong>LLC</strong>; however, the accuracy of this information is not guaranteed or warranted by either <strong>Pfister</strong> <strong>Land</strong><br />

<strong>Company</strong>, <strong>LLC</strong> or the sellers, and prospective buyers are charged with making and are expected to<br />

conduct their own independent investigation of the information contained herein. This offering is<br />

subject to prior sale, price change, correction or withdrawal without notice and any offer presented does<br />

not have to be accepted.<br />

For additional information or to schedule a showing, please contact:<br />

330 South Main Street · P.O. Box 338 · Buffalo, WY 82834<br />

307- 684-5201 Office · 307-684-9172 Fax<br />

www.pfisterlandco.com · info@pfisterlandco.com<br />

NOTES


RELATIONSHIPS IN REAL ESTATE TRANSACTIONS<br />

(COMBINED EXPLANATION AND DISCLOSURE)<br />

Definition of Terms and Description of Duties<br />

A "Seller Agent" is obligated to the Seller to:<br />

• act solely in the best interests of the seller;<br />

• obey promptly and efficiently all lawful instructions of the seller;<br />

• disclose all relevant and material information that concerns the real estate transaction and that is known to the seller<br />

agent and not known or discoverable by the seller unless the information is subject to confidentiality arising from a<br />

prior or existing agency relationship on the part of the seller agent;<br />

• safeguard the seller's confidences;<br />

• exercise reasonable care, skill, and diligence in pursuing the seller's objectives and in complying with the terms<br />

established in the listing agreement;<br />

• fully account to the seller for any funds or property of the seller that comes into the seller agent's possession; and<br />

• comply with all applicable federal and state laws, rules, and regulations.<br />

A "Seller Agent" is obligated to the Buyer to:<br />

• disclose to a buyer or the buyer agent any adverse material facts that concern the property and that are known to the<br />

seller agent, except that the seller agent is not required to inspect the property or verify any statements made by the<br />

seller;<br />

• disclose to a buyer or the buyer agent when the seller agent has no personal knowledge of the veracity of information<br />

regarding adverse material facts that concern the property;<br />

• act in good faith with a buyer and a buyer agent; and<br />

• comply with all applicable federal and state laws, rules, and regulations.<br />

A "Buyer Agent" is obligated to the Buyer to:<br />

• act solely in the best interests of the buyer;<br />

• obey promptly and efficiently all lawful instructions of the buyer;<br />

• disclose all relevant and material information that concerns the real estate transaction and that is known to the buyer<br />

agent and not known or discoverable by the buyer, unless the information is subject to confidentiality arising from a<br />

prior or existing agency relationship on the part of the buyer agent;<br />

• safeguard the buyer's confidences;<br />

• exercise reasonable care, skill, and diligence in pursuing the buyer's objectives and in complying with the terms<br />

established in the Buyer/Broker agreement;<br />

• fully account to the buyer for any funds or property of the buyer that comes into the buyer agent's possession; and<br />

• comply with all applicable federal and state laws, rules and regulations.<br />

A "Buyer Agent" is obligated to the Seller to:<br />

• disclose any adverse material facts that are known to the buyer agent and that concern the ability of the buyer to<br />

perform on any purchase offer;<br />

• disclose to the seller or the seller agent when the buyer agent has no personal knowledge of the veracity of information<br />

regarding adverse material facts that concern the buyer;<br />

• act in good faith with a seller and a seller agent; and<br />

• comply with all applicable federal and state laws, rules and regulations.<br />

DUAL AGENCY IF A SELLER AGENT IS ALSO REPRESENTING A BUYER, OR A BUYER AGENT IS ALSO<br />

REPRESENTING A SELLER WITH REGARD TO A PROPERTY, THEN A DUAL AGENCY RELATIONSHIP MAY BE<br />

ESTABLISHED. IN A DUAL AGENCY RELATIONSHIP, THE DUAL AGENT IS EQUALLY OBLIGATED TO BOTH<br />

THE SELLER AND THE BUYER. THESE OBLIGATIONS MAY PROHIBIT THE DUAL AGENT FROM ADVOCATING<br />

EXCLUSIVELY ON BEHALF OF THE SELLER OR BUYER AND MAY LIMIT THE DEPTH AND DEGREE OF<br />

REPRESENTATION THAT YOU RECEIVE. A BROKER OR A SALESPERSON MAY NOT ACT AS A DUAL AGENT<br />

WITHOUT THE SIGNED, WRITTEN CONSENT OF BOTH THE SELLER AND THE BUYER.<br />

Page 1 of 2<br />

Initial ______ ______


A "Dual Agent” is obligated to a Seller in the same manner as a seller agent and is obligated to a buyer in the<br />

same manner as a buyer agent, except a dual agent:<br />

• has a duty to disclose to a buyer or seller any adverse material facts that are known to the dual agent regardless of any<br />

confidentiality considerations; and<br />

• may not disclose the following information without the written consent of the person to whom the information is<br />

confidential;<br />

(i) the fact that the buyer is willing to pay more than the offered purchase price;<br />

(ii) the fact that the seller is willing to accept less than the purchase price that the seller is asking<br />

for the property;<br />

(iii) factors motivating either party to buy or sell; and<br />

(iv) any information that a party indicates in writing to the dual agent is to be kept confidential.<br />

A "Statutory Broker" is not the agent of the Buyer or Seller but nevertheless is obligated to them to:<br />

• disclose to:<br />

(i) a buyer or a buyer agent any adverse material facts that concern the property and that are known to the<br />

statutory broker, except that the statutory broker is not required to inspect the property or verify any<br />

statements made by the seller; and<br />

(ii) a seller or a seller agent any adverse material facts that are known to the statutory broker and that concern<br />

the ability of the buyer to perform on any purchase offer;<br />

• exercise reasonable care, skill, and diligence in putting together a real estate transaction, and<br />

• comply with all applicable federal and state laws, rules and regulations.<br />

An "Adverse material fact" means a fact that should be recognized by a broker or salesperson as being of enough significance as<br />

to affect a person's decision to enter into a contract to buy or sell real property and may be a fact that:<br />

(i) materially affects the value, affects structural integrity, or presents a documented health risk to occupants of the<br />

property; or<br />

(ii) materially affects the buyer's ability or intent to perform the buyer's obligations under a proposed or existing contract.<br />

"Adverse material fact" does not include the fact that an occupant of the property has or has had a communicable disease or<br />

that the property was the site of a suicide or felony.<br />

Relationship Disclosure/Consent<br />

The undersigned Broker or Salesperson hereby discloses the relationship as checked below, and the undersigned Seller or Buyer<br />

acknowledges receipt of such Disclosure and consents to the relationship disclosed.<br />

Check all the Applicable Relationship(s):<br />

[ ] Seller Agent [ ] Buyer Agent<br />

[ ] Statutory Broker [ ] Dual Agent (by checking this box, the undersigned buyer or seller<br />

consents to the licensee acting as a dual representative.)<br />

________________________________________________________________________ / _________________<br />

Broker and/or Salesperson Date<br />

________________________________________________________________________ / _________________<br />

[ ] Seller [ ] Buyer Date<br />

NOTE: Unless otherwise expressly stated the term "Days” means calendar days and not business days. Business days are<br />

defined as all days as except Sundays and holidays. Any performance which is required to be completed on a<br />

Saturday, Sunday or a holiday can be performed on the next business day.<br />

Page 2 of 2

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