With a sale price of $1,833 per acre, I think we did very well for the seller, said Shuman. We were also able to sell all of the equipment above the sale price.
Waurika, OK (PRWEB) April 17, 2012
Waurika Farms, a 7,000+ acre beef production outfit located in southern Oklahoma, sold at auction Thursday, April 12th for $11 million. Located 50 miles west of Interstate 35 and roughly six miles southeast of Waurika, KS, the farm consists of approximately 3,300 acres of wheat land and 2,700 acres of Bermuda grass and native species. For more information on the sale, contact Scott Shuman of Hall and Hall Auctions at 800-829-8747 or visit http://www.hallhall.com/auction-services.
“With a sale price of $1,833 per acre, I think we did very well for the seller,” said Shuman. “We were also able to sell all of the equipment above the sale price.”
This Oklahoma farm auction was well attended with 16 registered bidders. Locals landowners thought Hall and Hall Auctions did a great job with the sale and exceeded the anticipated sale price.
“This was a good day for Hall and Hall Auctions,” said Shuman. “We received many favorable comments from the attendees, and the right crowd showed up for the sale.”
Hall and Hall’s next auction is Red Buffalo Ranch, a scenic 3,600± acre property located just a few miles outside of the historic town of Sedan, KS. This is one of the most naturally productive areas in the world with excellent soil types, generous annual precipitation of around 34 inches, and a six month growing season. The Red Buffalo Ranch is an excellent property that has numerous live and spring-fed water sources to help improve the overall productivity of the ranch. It also has a number of improvements, including a 3,200 sq. foot home, two good sets of working pens, a large lake and ponds, and several outbuildings. For more information, contact Hall and Hall Auctions at 800-829-8747.
About Hall and Hall:
Hall and Hall was formed in 1946 as an agricultural mortgage company, and has since branched out into farm and ranch brokerage, auctions, appraisals, resource management and enhancement, retained search, and consultation on conservation easements and stewardship plans. Hall and Hall has emerged as the largest full service rural real estate firm in the Rocky Mountain West and Great Plains regions, managing more than 1 million acres of land, and servicing a loan portfolio of more than $400 million. A unique partnership between its offices in Montana, Wyoming, Idaho, Texas, Kansas, and Colorado ensures that the client receives local knowledge and personal service as well as the international perspective needed to make informed acquisition and management decisions.