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FOR IMMEDIATE RELEASE:
2-6-06
DENVER - Hall and Hall, Inc. is pleased to
announce the sale of Poitz Farm located in Washington County, six
miles northwest of Yuma. The 1,931+/-acre property has approximately
1,372+/- acres under pivot and 533 acres of dry cropland.
The property was offered at $3,300,000 with
Hall and Hall's, Mike Hall representing the seller in the
transaction. This year, Hall and Hall is celebrating its 60th
anniversary and experienced a record-breaking 2005 with ranch sales
excess of $300 million.
"This exceptional property is fully-leased and
offers investors an attractive return on a well-improved, irrigated
and dry crop farm in NE Colorado," said Hall. "The improvements
consist of three homes, a large shop and equipment storage
buildings."
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 $240 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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