Big Timber, MT 59011(Sweet Grass County)

The Hangmans Creek Ranch is located 16 miles east of Big Timber in the foothills north of the Yellowstone River. It is an expansive grass ranch offering a variety of scenic terrain and big views of the Crazy and Beartooth Mountains to the west and south respectively. Operating on over 16,200 acres (14,200+/- deeded), the ranch boasts good livestock working improvements, including a set of corrals, cross and perimeter fencing, and an extensive road system. Stock water is adequate, but with some development and additional fencing, one could increase the amount of animal unit month grazing capacity by 20 to 25 percent. Exceptional big game hunting for elk, mule deer, and pronghorn antelope together with upland bird hunting complete a very appealing package. The icing on the cake, however, a 14 tower wind farm under a lease agreement with an income stream currently in place. The annual lease income is estimated to range from $175,000 to $225,000 over the life of the 25-year lease. The offering price of $11,000,000 includes the surface, the owners mineral rights, and the wind lease. The property can also be purchased subject to the lease but without the income for $8,500,000 for surface and minerals only.

The Facts:

~ Location - Sixteen miles to Big Timber and eighty miles to Billings and Bozeman via Interstate 90.

~ Acreage - 14,236+/- deeded, 1,040 BLM and 960+/- State of Montana acres.

~ Terrain - Open native range with scattered pines on the hillsides and in draws.

~ Improvements - Extensive road system, livestock working facilities, and perimeter and cross fencing.

~ Capacity Currently 350-400 pairs grazing through the grazing season.

~ Potential - 20-25% more capacity with some fencing and water development.

~ Wind Lease Income - $175,000K to $225,000K over 25-year lease.

~ Recreational Attributes - Excellent elk, mule deer, pronghorn antelope, and upland bird hunting.

~ Unique Features - Expansive mountain views on the northern, southern and western horizons. Very secluded and private location.

~ Summary This ranch offers diverse income potential and exceptional hunting in the perfect Montana location.