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RBC I An 18-mile span of land on the White River between Rangely and Meeker was recently brokered by Hall and Hall and sold for $9.5 million.
The Wyatt Ranches’ White River Division, a large, established year-round cow/calf operation on approximately 137 total acres, includes roughly 11,870 deeded acres and more than 125,000 acres of BLM and national forest grazing permits.
Hall and Hall broker Brian Smith said the property went on the market in May 2015, and then fell under contract in the fall.
The public record deed of ownership for the buyer is under the name of 4M Ranch LLC, a Florida-based limited liability corporation.
“There was a lot of interest in the property due to its size and production numbers,” Smith said.
The property has excellent water rights out of the river, totaling roughly 70 cubic feet per second, which are used to irrigate roughly 800 acres of productive hay meadows, typically yielding roughly 1,200 tons.
At 5,400 feet in elevation, the river bottoms experience a relatively mild climate and provide protected calving areas.
The expansive mountain pastures range up to 8,000 feet on the deeded lands and above 10,000 feet altitude in the forest allotment, resulting in higher precipitation and ample feed.
The livestock carrying capacity has historically run 800 to 1,000 cow/calf pairs plus bulls and replacement heifers.
A manager’s home and facilities at the main headquarters are complimented by several sets of support residences and buildings throughout the property.
The ranch is easily accessible year-round from the paved highway within 30 minutes of either Meeker or Rangely.
Hall and Hall is headquartered in Billings, Mont., with its Northwest Colorado office in Steamboat Springs.