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FOR IMMEDIATE RELEASE:
10-13-06
MISSOULA, MT -
Hall and Hall, Inc. is pleased to announce the sale of the
Kootenai Springs Ranch located in Ravalli County, near the town
of Stevensville, 40 minutes from Missoula. Kootenai Springs has
1,186 acres (800 deeded) and approximately one mile of the
Bitterroot River forming the east boundary of the ranch.
The property was
offered at $14,000,000 with Hall and Hall's Bill McDavid
representing the seller in the transaction. Hall and Hall is
celebrating its 60th anniversary this year and
experienced a record 2005 with ranch sales exceeding $300 million.
"The home and
other improvements (totaling 10,000 square feet) have been
architecturally-styled in wood, stone and glass to blend in with
their surroundings and let the spotlight rest upon the rich, natural
resources," said McDavid. "The property is also a licensed shooting
preserve and is considered one of the finest sporting properties in
Western Montana."
Founded in 1946
as an agricultural mortgage company, Hall and Hall has become the
largest full-service rural real estate firm in the Rocky Mountain
West and Great Plains regions. A leader in its field, Hall and Hall
manages over 500,000 acres of land, services a loan portfolio of
over $400 million and produces annual sales in excess of $300
million. A unique partnership between its eight offices in Montana,
Wyoming, Idaho, Nebraska and Colorado ensures that each client
receives local knowledge and personal service as well as the
international perspective needed to make informed decisions
regarding any aspect of the purchase, sale, financing or management
of a farm or ranch. For additional information about Hall and Hall,
contact the company's headquarters in Billings, Montana at
406-656-7500 or visit
www.hallandhall.com.
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