Lobo Ranch

Property Map

Lobo Ranch

Lobo Ranch

  • Lobo Ranch
  • Lobo Ranch

Lobo Ranch

$25,575,000
Laguna, New Mexico

Just over an hour's drive west of Albuquerque, NM, the Lobo Ranch occupies 46,485 deeded acres of stunningly beautiful landscape marked by large mesas, rock formations, sandstone bluffs, expansive grasslands and open valleys interspersed with hundreds of archaeological sites and ancient petroglyphs. This working cattle ranch has outstanding recreational attributes, including abundant wildlife and plentiful habitat, on over 70 square miles of contiguous land adjacent to the Marquez Wildlife Area.

With elevations that range from approximately 6,000 feet to more than 8,000 feet, the ranch encompasses several distinct ecosystems that are home to a variety of wildlife from Rocky Mountain elk, mule deer and Barbary sheep to black bears, mountain lions, quail, turkey and upland birds. Seasonal pastures with excellent winter range along the southern and eastern valley slopes favor both cattle and elk. The current owner grazes approximately 400 animal units in an operation that is biased toward wildlife and range preservation.

Improvements include a 3,700±-square-foot guest lodge with a large fireplace and wrap-around porch, a bunkhouse, manager’s residence, barns, equipment shop and a helicopter hanger. The ranch is accessible year-round via Cibola County Road 1, a county-maintained gravel road, north of Interstate 40 at the Laguna Interchange.

Location: 

Lobo Ranch headquarters are 55 miles or about an hour’s drive from Albuquerque, N.M., via Cibola County Road 1 and Interstate 40. A county road leads from the headquarters to State Highway 279, providing easy access year-round.

Laguna, N.M., a census designated place or CDP, gives the ranch its mailing address and encompasses the original settlement of the Laguna peoples, as well as the modern Laguna Pueblo, located south of the ranch.

The closest community is Bibo, N.M., (pop. 140), approximately 6 miles from the ranch and home to the Bibo Bar & Grill, a popular watering hole known for its green chili cheeseburger.

Grants, N.M., the county seat of Cibola County, is 53 miles west of the ranch.

Most of Lobo Ranch is in northeastern Cibola County with about five percent of the ranchland in adjoining Sandoval County. The Marquez Wildlife Area borders the ranch on the north.

Albuquerque International Sunport, the city’s large, full-service airport with non-stop flights to Denver, Dallas-Fort Worth and more than 20 other U.S. cities, is about an hour’s drive from the ranch. Grants Municipal Airport is about 55 miles west of the ranch.

Recently the owners of the Lobo Ranch have constructed a dirt airstrip approximately 2,600 feet and 80 feet wide for small aircraft usage.

Locale: 

Cibola County, like most of West Central New Mexico, is ruggedly wild and sparsely populated, with fewer than 28,000 people living within its 4,542 square miles. The county, which extends westward to the New Mexico-Arizona state line, encompasses some of New Mexico’s most dramatic geological formations and archeologically significant sites – including the dramatic lava fields of El Malpais National Monument, the rock inscriptions and Puebloan ruins at El Morro National Monument, and the Acoma’s Sky City, arguably the oldest, continuously inhabited community in North America.

The Puebloan ruins of Chaco Canyon, just north of Grants in McKinley and San Juan Counties, are considered to be among the most important pre-Columbian cultural and historical sites in the United States.

The Marquez Wildlife Area, which borders Lobo Ranch to the north, is reputed to be one of the best public hunting grounds for elk in the state. The nearby Cibola National Forest, with more than 1.6 million acres of protected wilderness, offers endless opportunities for hiking, camping, hunting and fishing.

Albuquerque, a cosmopolitan city with a Southwestern flavor, is home to world-class cultural institutions, the University of New Mexico and highly regarded medical centers.

General Description: 

Lobo Ranch extends 12 miles north to south and nine miles east to west, encompassing more than 70 square miles of some of the most spectacular and varied landscape that New Mexico has to offer. From La Mesa del Canon Seco in the north to La Mesa de Lobo in the south, massive tablelands define the terrain of the ranch. From the caprocks, craggy cliffs descend steeply into secret, rocky canyons and wide valleys that roll into the grasslands beyond.

This is a geologically young and dynamic land formed by tectonic upheaval and volcanic activity during the Late Cretaceous Period and continually shaped by water, wind and weather in the millions of years since. Twisted sandstone spires and sedimentary cliffs worn into natural stairways, arches and amphitheaters mark secret places where ancient peoples carved their stories into the rock more than a thousand years ago.

To those ancient peoples and their descendents, this was—and is—a sacred land, marked by the guardian peak of Mount Taylor, which dominates the horizon west of the ranch.

It is a changeable place of brilliant sunlight and shifting shadows, of colors of every hue, delicate purple wildflowers, red rock fingers, green pine forests, fiery orange sunsets. It is a place of vast blue sky and endless stars, of billowing clouds and sudden summer rainstorms that leave the air impossibly fresh and crisp. It is a place revered by ancients and moderns alike, a land for all time.

Lobo Ranch is comprised entirely of deeded acreage. There are no state- or federally-owned lands within the ranch’s boundaries.

The ranch ranges in elevation from about 6,100 to 8,200 feet above sea level. Most of the mesa tops rise above 7,000 feet, including Mesita de La Madera at 7,730 feet.

The different elevations and diverse terrain of the ranch create discreet ecosystems and distinct seasonal pastures, which benefit cattle and game alike. The valleys slope generally toward the south and east, making for excellent winter range on the southeastern pastures. Summer pastures are generally at the higher elevations in the northern areas of the ranch. In all, there are about 10 pastures, with the largest about nine sections in size.

The current owner grazes about 400 animal units in an operation that is biased toward conserving range grasses and enhancing the wildlife habitat. In drier years, the number of cattle on the ranch has been reduced to preserve the native grasses.

Vegetation
Like the terrain, the vegetation is diverse, ranging from xeric scrubland to thick, healthy grasses. Predominant grasses include Grama, Sideoats, Sacaton, Galleta, Winter Wheatgrass, Pine Grass and Arizona Fescue. Browses include Four-wing Saltbrush (Chamisa), Winterfat and Apache Plume, as well as various rushes and sedges.

The higher elevations are forested with Ponderosa and Piñon Pine and Gambel Oak. Gray Oak and Mountain Mahogany also grow here.

Acreage: 

46,485± deeded acres 

Improvements: 

The Lodge
The spacious and fully furnished Lodge is ideal for a year-round residence or a weekend retreat. Pine paneling and oak floors throughout create a warm and inviting environment that is both authentically Western and genuinely comfortable.

Within its 3,700 square feet, the Lodge has five bedrooms, including two currently used as an office and a game room, three baths, a living room, dining room and kitchen with granite countertops and stainless steel appliances. 

Two large decks with exceptional views of Lobo Mesa and a patio with an outdoor fireplace are perfect for enjoying New Mexico’s sunshine – and its starry skies.

All furnishings convey with the property.

Ranching Support Facilities
Lobo Ranch is equipped for a productive cow-calf operation with barns, pens and workshops located primarily at the headquarters compound.

  • Hay Barn- This 50 x 78-foot enclosed hay barn has 3,900 square feet under cover. 
  • Equipment Shop- With 3,000 square feet, the equipment shop, which adjoins the hay barn, has ample space for equipment storage and work areas.
  • Horse Barn- An 11 x 70-foot horse barn has three stalls and a tack room.
  • Helicopter Hangar- The helicopter hangar is 40 x 50 feet in size.
  • Ranch Manager’s Residence- Located about two miles from ranch headquarters, this Karsten Model RC2 modular home includes two bedrooms, one bath and a large deck with excellent views.
  • Bunkhouse- This frame and stucco residence has 1,512 square feet with a great room that opens onto a fully equipped kitchen. There are three bedrooms plus a loft and 1.5 baths. Located at headquarters, the house is currently furnished to sleep six and is ideal for staff, guests or hunters.
Climate: 

West-Central New Mexico has a semi-arid climate with annual precipitation ranging from 12 to 14 inches. Snowfall at the higher elevations averages about 18 inches a year, though accumulations are generally light. July through September are the wettest months when prairie grasses grow thick and tall and wildflowers erupt in a riot of color.

Cibola County averages 278 sunny days a year with summer high temperatures in the mid 80s, cooling to the 50s at night. Winter highs average in the 30s and 40s with lows in the teens and 20s. 

Spring comes early at the lower elevations on Lobo Ranch with a growing season that lasts from early May through the middle of October.

Water Resources: 

Lobo Ranch has unperfected water rights of 290 acre feet annually. The ranch has 20 water wells, including eight with electric pumps and two with solar-powered pumps. There are about 25 miles of pipeline throughout the ranch. The Lobo Ranch has recently been approved by the State of New Mexico, Office of the State Engineer of Albuquerque for a 4 year - “Proof of Beneficial Use” water right. The purpose of this water right is to develop 290 acre feet of unperfected water rights anywhere on the property to be used for domestic, irrigation, ranching and related uses. (Additional information available upon request).

The ranch also has numerous dirt tanks for livestock. The current owner has undertaken a program to improve and increase the number of tanks to expand the footprint of available surface water for both livestock and wildlife.

Wildlife Resources: 

“The elk who reside in the savannahs and woodlands atop Mesa Chivato on the west side of the ranch are a prime example of how the needs of wildlife are met. Elk are grazers and the mesa offers large grassy openings that support a mixture of cool season grasses … and warm season grasses…So, food quality remains high for longer periods.”
– William C. Dunn, Ph.D., Big Picture Conservation, L.L.C.

With its diverse terrain and varying altitudes, Lobo Ranch provides an excellent year-round habitat for elk. Large, resident herds of Rocky Mountain Elk calve in the ranch’s many oak stands and find a mix of cool season and warm season grasses on the mesa tops and at lower elevations. Mule deer are found throughout the ranch but are particularly attracted to the canyons that run east of Mesa Chivato. Dense woodlands of Ponderosa pine, piñon pine and juniper provide cover and protection for the deer.

Merriam’s turkey finds a roosting habitat in the Ponderosa pine forests of the canyons and the mesa. Cougars and black bear travel through the canyons, while the bluffs provide stalking habitat for the big cats. A Barbary sheep was harvested on the ranch in 2012.

These sheep, native to North Africa and introduced into New Mexico in 1943, can be found scattered throughout arid regions.

The ranch is also home to a wealth of birds from Hairy Woodpeckers, Yellow-rumped Warblers and Great Horned Owls to Golden Eagles and a variety of hawks.

Hunting
The ranch is located in New Mexico Game Management Unit 9. The current owner leases the ranch for hunting and conservatively manages the allotted tags. In 2014-15, two bulls with Boone & Crockett scores of 300 and 340, respectively, were harvested on the ranch. The average bull is generally 5x5 with Boone and Crockett scores averaging between 260 and 280.

The New Mexico Department of Game and Fish has allowed 78 elk to be harvested annually. In 2014-2015, hunters took 15 mature bull elk, 10 antlerless elk, two deer and two Barbary sheep—far less than the available allotment.

2014-15 Authorizations
Inside COER
12 Antlerless
9 Either Sex, Bow & Arrow
7 Mature Bull

Outside COER
25 Antlerless
5 Either Sex, Bow & Arrow
20 Mature Bull

History: 

For thousands upon thousands of years, people have been drawn to this land. Some came to hunt – the earliest ones passing through perhaps 10,000 years ago. Others to build magnificent cities atop the mesas. The Acoma’s Sky City, continuously inhabited for 800 years, is one of these.

The pueblos of Chaco Canyon flourished for almost 400 years. The Anasazi carved and painted the rock with mysterious, mystical symbols, concentric circles, zigzag patterns, people and animals. Boulders, cliffs and canyon walls on Lobo Ranch bear these marks. And then, sometime around 1350 A.D., the people who told their stories on the rock packed up and left. Where they went and why – whether because of drought, famine, war or all of the above – remain tantalizing mysteries.

Spanish Conquistadors in search of the mythical Seven Golden Cities of Cibola, for which the modern-day county is named, and Spanish friars in search of converts tried and largely failed to tame the land and its native peoples. Nuevo Mexico passed from Spain to Mexico and then in 1848 to the United States. Homesteaders and sheepherders arrived late in the 19th Century, followed by the cattle ranchers and large landholders of today.

The Blessing Place
Deep within the ranch, hidden by the mesa above and the trees of the canyon below, the soft sedimentary side of the cliff has worn away over the millennium to form a concave ellipse that looks for all the world like the acoustical shell of a large amphitheater. It seems a place made by nature for performance and ceremony. The ancients must have thought so too, for the walls of the cliff are covered with hundreds, if not thousands, of petroglyphs from wavy lines to round-bellied figures, some painted with a deep ochre, others barely visible now, each an enigma and a clue to the mysteries of vanished civilization.

Mineral Rights: 

All mineral rights owned by Lobo Ranch convey to the new owner.

Lobo Ranch owns about 50% of the oil and gas rights on the ranch.

The remaining rights are owned by Exxon Corporation and the Cebolleta Land Grant.

Additional Information: 

Solar Power
Public Service Company of New Mexico (PNM) owns 116.05 acres and a solar farm located within ranch boundaries, off County Road 1, north of the headquarters. PNM has right-of-way access through the ranch to the property.

Wind Energy
NextEra Energy operates the Red Mesa Wind Energy Center under the provisions of a 30-year, renewable lease agreement with Lobo Partners, LLC. There are currently 64 wind turbines on the ranch. The amount of carbon emissions offset by the 102-megawatt wind power site is equivalent to taking more than 38,000 cars off the road every year.

Area Attractions
Petroglyph National Monument - Albuquerque, NM
One of the largest petroglyphs sites in North America, this national park protects and conserves rock art produced by Native Americans and Spanish settlers between 400 and 700 years ago. Petroglyph viewing trails lead visitors through the canyons of the park.

Chaco Culture National Historical Park - Nageezi, NM
One of the finer examples of Ancestral Puebloan architecture, the massive pueblos at Chaco Canyon were built and occupied between 850 and 1250 A.D. By the middle of the 11th Century, Chaco had become the center of cultural life for the early inhabitants of the San Juan Basin. Dozens of roads connected the great houses of Chaco Canyon to more than 150 other pueblos throughout the region.

Coyote Del Malpais Golf Course- Grants, NM
Designed by William Howard Neff, the Coyote Del Malpais Golf Course has an 18-hole course with narrow fairways and 16 lanes. The public golf course sits at the base of the beautiful Horace Mesa.

El Morro National Monument - Ramah, NM
For centuries, the great sandstone promontory of El Morro National Monument was a waypoint for travelers along an ancient east-west trail across the Southwest. Passers-by who stopped to drink and refresh their animals in the pool at its base carved upon the rock walls—ancient rock artists, Spanish explorer Juan de Oñate in 1605, Francisco Manuel de Silva Nieto in 1629, among them. The Spaniards called the place El Morro or The Headland. To the Zunis, it is A’ts’ina or the “place of writings on the rock”—a name not so different from the English Inscription Rock. There are also ruins of a massive 850-room pueblo occupied by perhaps as many as 1,500 people between 1275 and 1350 A.D.

El Malpais National Monument & El Malpais National Conservation Area - Grants, NM
To the Spaniards, the barren and dramatic lava fields with their razor-sharp rocks were a place to avoid, and they called it El Malpais or the badlands. Today, El Malpais National Monument is considered one of the most significant volcanic areas in the United States with its lava flows, cinder cones and tube caves. Free permits are available to visit designated caves. The entrance to the national park is located on NM Highway 117, nine miles south of Exit 89 on Interstate I-40. The federal Bureau of Land Management oversees El Malpais National Conservation Area, which is adjacent to the national park.

Broker Comments: 

In the western US it is increasingly rare to find large deeded acreage ranches, especially within reasonable proximity to a major city and regional airport. Most New Mexico ranches are heavily interspersed with state and federal leased land. The Lobo Ranch is rare in the sense that all the deeded land is in one contiguous block. Additionally, most of the property is extremely private and one could literally go days without seeing another person. The land itself is diverse and generously vegetated offering wildlife habitat and grazing for livestock. Punctuated throughout the ranch are several massive plateaus, deep canyons, arroyos, numerous drainages, massive rock outcroppings and steep ledges. The sunrises and sunsets over this landscape are absolutely exceptional and second to none in every way.

The current owners have reduced the total number of livestock, repaired existing water resource features and constructed new dirt tanks in strategic locations. Internal road infrastructure has been substantially improved as well. This ranch represents an opportunity to acquire a large, private piece of land well suited for recreational and agricultural interests that is not heavy on improvements and very well located.

The Facts: 

• 46,485± deeded acres adjacent to the Marquez Wildlife Area
• 55 miles west of Albuquerque, N.M.
• Slightly more than an hour from Sunport, Albuquerque’s International   Airport
• 53 miles from Grants, N.M., and Grants Municipal Airport
• Located on Cibola County Road 1, 15 miles north of Interstate 40 at the  Laguna Interchange
• Elevation 6,100 ft to 8,200 ft above sea level
• Situated in Cibola (95%) and Sandoval Counties

Improvements
• The Lodge, 3,700± s.f. with 4 bedrooms, 3 baths
• The Bunkhouse, 1,512± s.f. with 3 bedrooms, 1.5 baths
• Manager’s residence, Modular home with 2 bedrooms, 1 bath
• Equipment Shop, 3,000± s.f.
• Hay Barn, 3,900± s.f.
• Helicopter hangar, 40’ x 50’
• Horse barn, 1,120± s.f.

Water
• 20 water wells, including two solar pumps and eight electric pumps
• 290 acre feet annually of unperfected water rights
• 25 miles of water pipeline
• Numerous earthen stock tanks

2014-2015 Elk Permit Allocation
• Inside COER: 12 antlerless, 9 either w/bow and arrow, 7 mature bulls
• Outside COER: 12 antlerless, 9 either sex w/bow and arrow, 20 mature  bull

Wind, Solar and Minerals
• All mineral rights currently held by owner convey
• NextEra Energy operates a wind farm on a high mesa in the northeastern  part of the ranch via a lease agreement with Lobo Partners, LLC
• Public Service Company of New Mexico owns and operates a 116.05-acre
 solar farm on the ranch

Airports
• About 55 miles from Albuquerque Sunport International Airport
• 53 miles from Grants Municipal Airport
• Dirt airstrip on property approximately 2,600’ X 80’ - small aircraft usage 

Additional Services: 

MANAGEMENT SERVICES – Hall and Hall’s Management Division has a very clear mission – To represent the owner and to ensure that his or her experience is a positive one. Services are customized to suit the owner’s needs. They often begin with the recruiting and hiring of a suitable ranch manager or caretaker and are followed by the development of a management or operating plan along with appropriate budgets. Ongoing services include bill paying, ranch oversight, and consulting services as needed. Even the most sophisticated and experienced ranch owners appreciate the value of a management firm representing them and providing advice on local area practices and costs. Wes Oja and Jerome Chvilicek at (406) 656-7500 or Randy Clavel at (308) 534-9000 are available to describe and discuss these services in detail and welcome your call.


RESOURCE ENHANCEMENT SERVICES – Increasingly the value of a ranch is measured by the quality of each and every one of its resources. Coincidentally the enhancement of a ranch’s resources also increases the pleasure that one derives from the ownership of a ranch. Our management services have included the assessment of everything from wildlife habitat to bird habitat to water resources and fisheries and the subsequent oversight of the process involved with the enhancement of these resources. Wes Oja or Jerome Chvilicek at (406) 656-7500 are available to describe and discuss these services in detail and welcome your call.


AUCTIONS - Hall and Hall Auctions offers “Another Solution” to create liquidity for the owners of Investment-Quality Rural Real Estate. Our auction team has experience in marketing farmland, ranchland, timberland and recreational properties throughout the nation. Extreme attention to detail and complete transparency coupled with Hall and Hall’s “rolodex” of over 40,000 targeted owners and buyers of rural real estate help assure that there are multiple bidders at each auction. In addition the unique Hall and Hall partnership model creates a teamwork approach that helps to assure that we realize true market value on auction day. For more information on our auction services contact Scott Shuman at (800) 829-8747.


SPECIALIZED LENDING - Since 1946 Hall and Hall has created a legacy by efficiently providing capital to the intermountain west. In addition to traditional farm and ranch loans, we specialize in understanding the unique aspects of placing loans on ranches where value may be influenced by recreational features, location and improvements and repayment may come from outside sources. Our extensive experience and strong relationships with our lenders allows us to quickly tell you whether we can provide the required financing.

Competitive Pricing • Flexible Terms • Efficient Processing
In-House Appraisals • Common Sense Underwriting
Dave Roddy • (406) 656-7500
Mike Hall or Judy Chirila • (303) 861-8282
Randy Clavel • (308) 534-9000
Monte Lyons • (806) 698-6882

Disclaimer: 

New Mexico Brokerage Relationship

Every licensed New Mexico real estate Broker is obligated to disclose Broker Duties.  Disclosure: The following brokerage relationships are available in the State of New Mexico: (1) transaction broker, (2) exclusive agency, and (3) dual agency (see RANM Form 1401, p. 2).

Prior to the time an Associate Broker or Qualifying Broker generates or presents any written document that has the potential to become an express written agreement, the Broker shall disclose in writing to a prospective buyer, seller, landlord or tenant, the following list of Broker Duties that are owed to all Customers and Clients by all Brokers regardless of the brokerage relationship:

(A) Honesty and reasonable care; as set forth in the provisions of this section;

(B) Compliance with local, state, and federal fair housing and anti-discrimination laws, the New Mexico  Real Estate License Law and the Real Estate Commission Rules and Regulations, and other applicable local, state, and federal laws and regulations;

(C) Performance of any and all oral or written agreements made with the Broker's Customer or Client;

(D) Assistance to the Broker's Customer or Client in completing the Transaction, unless otherwise agreed to in writing by the Customer or Client, including (1) Presentation of all offers or counter-offers in a timely manner, and (2) Assistance in complying with the terms and conditions of the contract and with the closing of the Transaction; If the Broker in a Transaction is not providing the service, advice or assistance described in paragraphs D(1) and D(2), the Customer or Client must agree in writing that the Broker is not expected to provide such service, advice or assistance, and the Broker shall disclose such agreement in writing to the other Brokers involved in the Transaction; 

(E) Acknowledgment by the Broker that there may be matters related to the Transaction that are outside the Broker's knowledge or expertise and that the Broker will suggest that the Customer or Client seek expert advice on these matters;

(F) Prompt accounting for all monies or property received by the Broker;

(G) Prior to the time the Associate Broker or Qualifying Broker generates or presents any written document that has the potential to become an express written agreement, written disclosure of (1) any written Brokerage Relationship the Broker has with any other Parties to the Transaction; (2) any material interest or relationship of a business, personal, or family nature that the Broker has in the Transaction; and (3) other Brokerage Relationship options available in New Mexico;

(H) Disclosure of any adverse material facts actually known by the Broker about the property or the Transaction, or about the financial ability of the Parties to the Transaction to complete the Transaction. Adverse material facts do not include data from a sex offender registry or the existence of group homes;

(I) Maintenance of any confidential information learned in the course of any prior Agency relationship unless the disclosure is with the former Client's consent or is required by law;

(J) Unless otherwise authorized in writing, a Broker shall not disclose to their Customer or Client during the transaction that their Seller Client or Customer has previously indicated they will accept a sales price less than the asking or listed price of a property; that their Buyer Client or Customer has previously indicated they will pay a sales price greater than the price submitted in a written offer; the motivation of their Client or Customer for selling or buying property; that their Seller Client or Customer or their Buyer Client or Customer will agree to financing terms other than those offered; or any other information requested in writing by the Broker's Customer or Client to remain confidential, unless disclosure is required by law.

Effective January 1, 2007, the New Mexico Real Estate Commission requires the disclosure of the following brokerage relationships (as quoted from 16.61.19.9 NMAC, 1-1-2005): 

16.61-19.0 Brokerage Relationships: Brokerages working with consumers either as customers or clients may do so through a variety of brokerage relationships.  These relationships include but are not limited to an exclusive agency relationship, a dual agency relationship, or a transaction broker relationship.  For all regulated real estate transactions, a buyer, seller, landlord or tenant may enter into an express written agreement to become a client of a brokerage without creating an agency relationship, and no agency duties will be imposed.

A. Exclusive agency: an express written agreement between a person and a brokerage wherein the brokerage agrees to exclusively represent as an agent the interests of the person in a real estate transaction.  Such agreements include buyer agency, seller agency, designated agency, and subagency agreements. 

B. Dual agency: an express written agreement that modifies existing exclusive agency agreements to provide that the brokerage agrees to act as a facilitator in a real estate transaction rather than as an exclusive agent for either party to the transaction.  

C: Transaction broker:  a brokerage that provises real estate services without entering into an agency relationship. 

NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classifications, acreages, carrying capacities, potential profits, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers should verify all information to their satisfaction. Prospective buyers should also be aware that the photographs in this brochure may have been digitally enhanced.