New Mexico's Surprise Valley Ranch sells for $1.63 million in Assiter auction

SAPELLO, N.M., Sept. 23, 2013 /PRNewswire/ -- Surprise Valley Ranch -- a retreat with a lodge, cabins, saloon and frontage on the Sapello River – has sold at auction for a total of $1,631,100, with Assiter Auctioneers marketing the property and managing the sale.

The auction, held Thursday at the ranch, attracted 38 registered bidders. The real estate was purchased by a bidder from South Texas who plans to use it for a family retreat, according to Spanky Assiter, president of the auction company. "As I understand it, the new owner did not express any plans to continue to operate Surprise Valley Ranch as a business," Assiter said.

"This was a remarkable facility, and our auction marketing process enabled us to spotlight it in a way that wouldn't have been possible otherwise. I'm delighted we were able to get it sold," he said.

The 360-acre property is located 30 miles from Las Vegas, N.M. It is surrounded by the Santa Fe National Forest and the Pecos Wilderness, with abundant wildlife, including bear, lion, elk, deer, bobcat, coyote, turkey, grouse and bald eagles.

Assiter Auctioneers, based in Amarillo, Texas, has conducted more than 5,000 auctions throughout the United States and is the official auctioneer of Barrett-Jackson. The company sells ranches, homes, heavy equipment, vehicles and other assets in online and live auctions. Individuals seeking additional information about the company and upcoming auctions may visit assiter.com or call 800-283-8005.

For more information:
Carl Carter, 205-823-3273

SOURCE Assiter Auctioneers