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Billy Carter — Part 10
Page 30
30 / 37
dury 2, 1979
Mr. Marfo Leanza
Mario Leanza Realty Company
1519 Monroe Drive, N.E.
Atianta, Georgia 30324
Dear Mr. Leanza,
I have been discussing with you a very large ranch in the
western part of the United States that could possibly be
purchased for approximately $110.00 per acre.
Since cur last conversation, I have talked to my associate
Gut west and he feels that the owner, who is a corporation, —
would consider selling the ranch for less than $110.00 per
acre fer-an immediate all.cash sale. He is of this opinion
because a recent offer was submitted for less, however, the
offer was not all cash and therefore a sale was not consummated.
wr. Leenza, please let me stress to you again that this.raach
is not being offered for sale on the open market, however, My. .
associate’ isa close friend..of one of, the officers of this
corporation and he feels that a reasonable ‘all cash:.offer. for--+
jess than $110.90: per acre could be acceptable by the Board
of Directors. Should your client present an offer, it will be
subject to review and approval by the corporation Board of .
Directors. :
I wilt attemet to described the ranch to the best of my knowledge,
but due to it's magnitude, it is impossible to relate each detail.
The Big Boquillas Ranch, known to cattlemen for the past half
century as one of the famous ranches in the west comparabie 1
to the King ranch of Texas and the Bacas of Arizona, New Mexico :
and Colorado. . ;
Yne ranch consists of 491,424 acres of deeded land and 238,040
acres of Arizona state jeased lands. Total acreage is 729,454
or 1139 square miles almost equal in size to the State of Rhode
Istand wite 1214 square miles. It is located approximately 180
miles north and west of Phoenix, and 65 miles west of Flagstaff,
Arizona. The town of Seligman ds within the boundaries of the
Tanch. it has approximately 39 miles of frontage on U.S. Highway
65 and the Santa Fe Railroad on the south. It runs north 60 |
-mives ta the south rim of the Grand Canyon which it borders for
@ REAL ESTATE BROKERAGE
- COMMERCIAL / INDUSTRIAL / FARMS
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