Don Imus Ranch to be Auctioned
The Don Imus Ranch located in northern New Mexico will be going to auction. Originally listed at $35 million 3 years ago with no takers, the auction will be held June 15th with a minimum opening bid of $5 million. Interested parties must put a $100,000 refundable cash deposit down for bidding.
The upcoming auction is expected to be run by Thomas Industries of Guilford, Conn., said Barry Chappel, an executive vice president at the firm.
Imus also found it ‘hard to breathe’ after suffering an injury while horseback riding several years ago. The ranch, located at 7,000 ft., has over 2,400 acres.
Interested parties should contact the listing agent Craig Huitfeldt of Keller Williams.