Westchester Auctions, LLC and Ranch Marketing Associates Announce Auction of 5,613-acre Colorado Ranch

Westchester Auctions, LLC and Ranch Marketing Associates are pleased to announce the upcoming auction of the Republican River Ranches in Yuma County, Colorado, on Wednesday, September 16, 2009. The two ranches encompass 5,613 acres with 41 individual parcels near Wray, Colorado.

The Republican River Ranches consist of the Laird and Wray Units. The Laird Unit is located east of Wray, Colorado—just west of both the Nebraska and Kansas border—with parcels ranging in size from 35 to 596 acres. The Wray Unit borders the city limits of Wray, Colorado, with parcels ranging in size from 7 to 328 acres. Each unit has its own unique characteristics including rolling hills, open prairies or wooded landscapes. Several parcels also include water rights, which can be purchased with the land.

“Buyers have a range of unique investment opportunities with the sale of these scenic eastern Colorado ranches,” says Scott Shuman, Marketing Director of Westchester Auctions’ Colorado office, who oversees all of the company’s land marketing in the Western region. “Through our multi-parcel land auction, buyers can bid on one tract or any number of tracts to suit their needs.”

The town of Wray, Colorado, is known as the “recreational hub of the high plains” with a population of 2,200. Buyers will find peace in this pleasant, scenic area of Colorado, while also being able to enjoy the conveniences of Denver, less than three hours west. Wray is a charming historical community with an agriculture-based economy, making it the perfect place to raise a family or retire. Many recreational opportunities also exist around Wray including hunting and fishing, rock climbing, hiking around cliffs and canyons, and abundant wildlife watching.

The ranches are owned by Jim Guercio, legendary music producer and a well-known musician and songwriter, originally from Chicago, Illinois. He is best known for his work with Chicago, The Buckinghams and Blood Sweat & Tears. Guercio was also the founder of Caribou Ranch, a recording studio in Colorado’s Rocky Mountains. After the split-up of Chicago and a fire at the Caribou Ranch, he became a successful large-scale cattle rancher and also worked in property development, leading to the development of Republican River Ranches.

“Even though I grew up in Chicago, I had a natural attraction to agriculture and land, and hope this will give many young people a chance to invest in ranchland and raise cattle while enjoying some the most gorgeous land around,” says Guercio. “There has never been a better time to provide the opportunity for a younger generation to invest in land.”

“Through this inaugural auction with Westchester, we will be able to offer our customers opportunities we haven’t been able to in the past,” say Ron Morris and Billy Long, Founding Partners of Ranch Marketing Associates. “We have seen great interest in the ranches leading up to the auction, and we are looking forward to auction day and the joy and opportunities it will bring to many new potential owners.”

Interested buyers can attend an informational session September 2, 2009, at the Elks Lodge in Wray, Colorado, to learn more about the ranches and what they have to offer. Final auction date is set for September 16, 2009, at 1:00 p.m. at the Elks Lodge in Wray, Colorado. For more information on the Republican River Ranches, please visit www.RMABrokers.com or http://www.westchester-auctions.com.

About Westchester Auctions

Westchester Auctions is a leading agricultural real estate marketing company in the United States that has sold over $1.2 billion in real estate and held auctions in 38 states. Utilizing their marketing expertise and the multi-parcel auction system they pioneered, Westchester Auctions allows bidders the most flexibility to compete continuously throughout an auction. For more information on Westchester Auctions and its parent company Westchester Group, Inc., a nationwide agricultural asset management firm, visit www.westchester-auctions.com or www.westchester-group.com.

About Ranch Marketing Associates

Ranch Marketing Associates bring over 40 years experience representing high-end recreational and agricultural ranch properties. Ranch Marketing Associates has sales of over 2 million acres and over $500 million; they represent the most knowledgeable ranch real estate brokers throughout the West. For more information, visit www.RMABrokers.com.