Property Highlights: This property consists of 3 tracts totaling 109+/- acres. There is 5748+/- feet (1.08 miles) of Yellowstone River Frontage. It has electric and phone service and convenient access just 25-30 minutes from Billings. Year round spring water in the center of the property that stays open all winter makes it an ideal horse location. The property includes two fields bisected by an irrigation ditch on the southern portion of the property which is adjacent to river bottoms with large cottonwoods and thick vegetation. Wildlife including pheasants, whitetail, and mule deer are commonly seen. Fishing is also very good in this section of the river with catfish, walleye, pike, and bass regularly caught. Building sites can be found above the fields or closer to the river bottoms. This property offers both convenience of location and privacy with excellent wildlife habitat and grass production.

Property Location:   25 minutes Northeast of Billings, Montana, 7.5 miles east of Pompeys Pillar Exit.

Driving Directions:  From Billings go east to the Pompeys Pillar Exit, go left (north) and make a quick right (east) on the frontage road after you cross over the I-94, continue 7.5 miles to the RR crossing on the left which accesses the property. Watch for signs on both properties.

Legal Description:  Located in Yellowstone County: T3NR31E Tract 3, COS 2927, located in the S1/2 of Section 3, (5.129 ac); Tract 4, COS 2927 located in E1/2E1/2 if of Section 3 (57.711 ac); Tract 1A-1 COS 2927 Amended in NE1/4 Section 10 (46.358 ac) (109.198 total acres) NOTE: Riverfront properties are subject to both accretion (gain) and avulsion (loss) of acreage over time.

Terms:  Title will be transferred by warranty deed with title insurance, subject to standard exceptions contained in such deeds such as reservations in patents, zoning, building and use restrictions, easements and rights of way apparent or of record, and real estate taxes for the year in which closing occurs. A non-refundable down payment of 15% of the Final Bid will be due on sale day from the winning bidder. The balance is due in cash at closing within 45 days at the office of: First Montana Title, 2800 Central Avenue, Unit B, Billings, Montana, 59102, 406-869-9669. The seller will cooperate with buyer’s Section 1031 Exchange, provided seller will not incur additional expense or liability by such cooperation. The property will be sold "as is where is." The buyer is responsible for conducting their own investigation and review of the property. The final bid will be subject to seller’s approval with approval or rejection within 24 hours of auction completion. The seller reserves the right to accept or reject any and all bids.

Property Taxes:   Pompeys Pillar Property: $367.68 (2009)

Mineral Rights: All appurtenant mineral rights, if any, transfer.

Title Insurance: The seller will provide standard owners title insurance through First Montana Title Company, 2800 Central Ave., Unit B, Billings, Montana 59102 406-869-9669. Closing costs will be split equally between buyers and seller.