Assessed Acres 30,913 2,920 (2,040 State and 880 Private) Free Use 320 Total Ranch Acres 34,153 (All acreages are approximate)

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CADDOA CREEK RANCH 30,913 DEEDED ACRES BENT COUNTY, COLORADO We are excited to offer the Caddoa Creek Ranch for sale. Our belief is that this ranch offers a variety of management options. The ranch has a long standing history of excellent grass production. The natural springs, creek bottoms with meadows, along with the benefit of the developed water system add to productivity and ease of operation. This very accessible ranch lends itself to a rural lifestyle.

LOCATION: This southern Bent county ranch consists of 34,153 acres. The headquarters are located approximately 16 miles southeast of Las Animas, Colorado and are easily accessible via State Highway 101 and all-weather county roads. Las Animas is the County Seat for Bent County. RANCH SIZE: Assessed Acres 30,913 Leased Acres 2,920 (2,040 State and 880 Private) Free Use 320 Total Ranch Acres 34,153 (All acreages are approximate) The ranch headquarters is located in the northeast corner of the Ranch. Located at this site is a moderate three bedroom, one bathroom manager s home. The pipe corrals located here are well-suited for doctoring as well as working and shipping cattle. There are 2 sorting pens, 6 holding pens with 3 connected to a shelter and 3 larger pens. There is a larger set of corrals that are centrally located on the Ranch; These corrals are also of pipe construction with 2 large holding pens, 2 medium holding pens, and an excellent working facility. GENERAL DESCRIPTION: The Caddoa Creek Ranch is a well balanced ranch operation consisting of flat and rolling pastures as well as rocky-sided draws with large bottom meadows along Caddoa Creek. Caddoa Creek runs through the ranch for approximately 6 miles, offers a drainage area filled with rocky ridges and hillsides with meadows along its banks. Exploring the ranch and viewing all of the old rock homesteads reminds one of the true old west spirits that the ranch exhibits. LEASE ACRES: Caddoa Creek Ranch combines its deeded acres with both State and Private Lease lands, which are situated throughout the ranch. This aids in the protection of the lease holdings. The State Lease lands are currently leased at $8.29 per animal unit month (AUM), with 612 AUM allowed by the State lands. The Private Lease cost ranges from $1 to $3 per acre. The seller has purchased several acres of Private Lease land to add to the assessed acres as it has become available.

WATER: The main sources on the ranch are four submersible well pumps. The wells are connected to two separate pipeline systems, which serve 33 livestock tanks. The number of tanks served by each well is determined by well capacity and controlled by valves. In addition to this pipeline system, there are several natural springs and several dirt ponds throughout and a few wind driven watering systems. A separate submersible water pump is dedicated to the house and improvements. OPERATION: The ranch lends itself to either a cow/calf operation or a yearling, stocker operation, or a combination of both. The ranch is fenced into 20 pastures, which vary in size and are all well fenced and watered. The fences vary from 4 to 5 barbed wire with steel and cedar posts. TERRAIN: The ranch has terrain that ranges from level to rocky breaks, with some rolling hills. The Caddoa creek runs north and south through the Ranch on the eastern side. This is where the larger draws and bottom meadow areas are located. The sod cover is good, with little marginal land.

WILDLIFE: Caddoa Creek Ranch is home to a sizeable population of quail, mule deer and antelope. PRICE: Very seldom today does such a sizeable ranch property like this come available on the market at such an economically feasible price, $1,450 per deeded acre ($44,823,850). The large State Lease acreage will be assigned at closing. The Seller will also assign the Private leases at closing. The beauty of the Caddoa Creek Ranch is multiple; It is a good, solid working ranch, scenic yet productive; large enough to provide a nice return on investment; and the price makes the Caddoa Creek Ranch one of the few economical ranches on the market today. The Caddoa Creek Ranch, complete with creeks, level to rolling land and sandy clayloam soils with mixed grasses, draws, natural springs, and rock outcroppings, is what ranching in Southeast Colorado is all about. TAXES: $11,262.57 for 2008 Contact: Smith Realty at 817-229-8223 or smithrealty@gmail.com for showing.