FOR IMMEDIATE RELEASE:

9-19-07

DENVER - Hall and Hall, Inc. is pleased to announce the sale of the Sound of Music Ranch located in San Miguel County near Telluride, Colorado.

The ranch was offered in two separate configurations as well as in its entirety but was purchased intact from a buyer who would like to remain confidential. The list price for the entire Sound of Music Ranch was $28,800,000 with Hall and Hall's Mike Hall and Jeff Buerger representing the sellers in the transaction. Proceeds from this sale will be donated to the YMCA of San Diego County and The Arizona Community Foundation.

"Unimproved except for an excellent interior road system, this 2,324+/--acre ranch has world-class vistas of snowcapped 14,000-foot peaks throughout," said Hall. "This magnificent ranch contains grassy meadows punctuated by a string of lakes leading to a gentle ridge of aspen groves and pine forest. The striking visual nature of this ranch is complimented by a resident elk herd and other wildlife. It is a true gem."

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 10 offices in Montana, Wyoming, Idaho, Nebraska, Texas 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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