Circle G Ranch, previously owned by Elvis Presley, is officially under new ownership

PR Newswire

HORN LAKE, Miss., June 3, 2014 /PRNewswire/ -- The Circle G Ranch in Horn Lake, Mississippi, has been purchased and is now officially under new ownership.  The 231 acre tract, of which 163 acres is well known for once being owned by Elvis Presley and his wife, Priscilla, sits on the corner of Highway 301 and Goodman Road.  The property is rich in historical features including the Honeymoon Cottage shared by Elvis and Priscilla, the stable where Elvis kept his horses, a 14 acre lake and a prominent 55 foot cross.

The property has been purchased by a group of investors led by Mississippi native, Davage "Buddy" Runnels Jr., the founder and owner of Real Estate International, Inc. (REI).  REI, based in Destin, Florida, is a commercial and residential development group established over 47 years ago.

Specific plans for the restoration of the property will be announced in the future.  For more information, visit www.circlegranch.com.

About Real Estate International, Inc. (REI)— Real Estate International, Inc. ("REI") is a full service real estate brokerage founded over 47 years ago by Davage "Buddy" Runnels, Jr. in Destin, Florida. Runnels, along with his real estate and development team, played an integral role in the establishment of the Destin area as one of the most desirable destination vacation spots by developing commercial, residential and over 11 condo projects with 2,000 units in the southeast.  In addition to condo and commercial development, Runnels developed Kelly Plantation, an exclusive 900 acre master planned community along the shores of Choctawhatchee Bay in Destin, Florida.  Kelly Plantation is home to a championship golf course designed by Fred Couples. The recent acquisition of Circle G Ranch, 231 acres in Horn Lake, Mississippi, previously owned by Elvis Presley, is represented by REI. For more information on REI go to www.reiinc.net.

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