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ILX Incorporated contracts to purchase Kohl's Ranch Resort.
From: Business Wire
Date: 19950315
Author:
PHOENIX--(BUSINESS WIRE)--March 15, 1995--ILX Incorporated (NASDAQ:ILEX): Creative Alternatives for Leisure Lifestyles Wednesday announced that it had entered into an agreement for the purchase of historic Kohl's Ranch Resort in the Tonto National Forest 17 miles northeast of Payson, Ariz.
The 10 acre resort is located in "Zane Grey" country at the foot of the Mogollon Rim in the heart of the largest Ponderosa Pine forest in the world and on the banks of Tonto Creek, one of the few trout habitat streams in the southwest. The purchase price is $1.65 million, inclusive of 150,000 ...
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