95 miles southeast of Wichita, 80 miles north of Tulsa, 200 miles south of Kansas City Beautiful owner’s home with good outbuildings Two good sets of working pens Area is well-known for its trophy whitetail deer hunting and turkey Outstanding water fowl hunting and fishing Prairie chicken and quail numbers are good on the ranch Large lake in the Amsted pasture along with the many other ponds Several improved grass areas that provide hay for the ranch Well fenced to allow pasture rotation and utilization Mineral rights under about half of the ranch
Acreage (Deeded & Leased)
Tract 1 - 1,157 ± Tract 2 - 1,670 ± Tract 3 - 773 ± acres Total 3,600 ± acres
Tract 4 - All Seller’s minerals associated with Tract 1.
Tract 5 - All Seller’s minerals associated with Tract 2.
Tract 6 - All Seller’s minerals associated with Tract 3.
Contact auction company for additional details on mineral availability.
Deeded Acres: 3,349±
Total Acres: 3,349±
2011 taxes were approximately $9,688.40 or $2.69/acre.
A commission will be paid to any properly licensed Broker who registers a successful buyer according to the broker participation guidelines. Broker registration forms are available from Hall and Hall. Forms must be completed and returned no later than Tuesday, May 15th at 5pm.
AUCTION TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 6 individual parcels (3 surface parcels), any combination or as a total unit. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier’s check. The balance of the contract purchase price is due in cash at closing.
ACCEPTANCE OF BID PRICES: All successful bidders will sign a sale contract at the auction site immediately following the close of bidding. The property will be sold subject to the Seller's acceptance or rejection. There will be no financing contingencies.
CLOSING: At Seller’s discretion, closing date shall be on or before June 18th, 2012. Possession of the property will be given on or before June 18th, 2012.
TITLE: Seller shall furnish the Buyer(s), at Seller’s expense, an updated title commitment for the property and agrees to provide and execute a warranty deed conveying merchantable title to the real estate to the Buyer(s).
AGENCY: Hall and Hall Partners, LLP and its representatives are Exclusive Agents of the Seller.
SELLERS: Red Buffalo Ranch.
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In 1988, Joel Leadbetter became a partner at Hall and Hall where he has been instrumental in completing complicated, high-profile deals such as the recent sale of Texas’ historic 512,000-acre Waggoner Ranch.
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I had been looking for the right property for several years and Elliott Davenport’s insight into the quail plantation market and his ability to think strategically was instrumental in helping me find our new place. Elliott was helpful on all technical aspects of contracting and due diligence. His post closing help with hiring and contractors made the process much easier as well.
I have purchased 4 ranches through Hall and Hall over the past 20 years, and there is simply no other team in the world like them. They have navigated complexity, professionally attended to every detail, operated with fairness and integrity, and demonstrated an unwavering commitment to me– whether representing me or the person on the other side of the deal.