Timberland investment property for sale
A conserved timberland investment in central Vermont supporting a well-stocked forest with immediate and long-term management potential.
Chase Mountain Forest is positioned along the eastern slope of the broad Green Mountain Range. This range and its collection of peaks and valleys is known to grow high-quality northern hardwood species, making this forest an excellent long-term timber investment opportunity. Taking in much of the eastern slope of Chase Mountain, this property is minutes from Montpelier, Vermont's state capital, and Interstate 89. Montpelier is 15 minutes to the north. Larger cities, such as Boston, MA and Hartford, CT, are 3.5 hours to the southeast and south respectively.
The property is situated along the eastern slope of Chase Mountain, a locally prominent peak at over 2,000'. Terrain is mostly gently sloped to rolling hills, with south-, north- and east-facing slopes. The property makes up part of the headwaters of Chase Brook, a small stream that meanders its way to the Dog River. The Dog River is a well-known native trout fishery that captues the attention of many area anglers. Two old farm fields, slowly reverting back to woodland, and some small wetlands on the property create favorable and diverse wildlife habitat. The rolling terrain and biodiversity of the property create favorable conditions to enhance the natural experience. Several tent platform or Adirondack structure site locations could be developed at several locations to capture views of distant mountains or to view wildlife.
The timber investment attribute on Chase Mountain Forest can be considered exceptional, highlighted by abundant stocking, attractive species composition, high quality stems and favorable diameter distribution. The resource has been carefully cultured during the current ownership's tenure, providing the new investor robust asset value growth, while providing near-term silvicultural and income-producing opportunities. Total sawlog volume is 5.709 million board feet International 1/4" Scale (5.2 MBF/commercial acre) and 16,880 pulpwood cords (15.3 cords/commercial acre). Combined total commercial per acre volume is 25.7 cords, a figure nearly 8 cords above the regional average. Worthy of note is that overal stem quality for this combined sawlog resource is exceptional, with 86% of its volume comprised of Acceptable Growing Stock (AGS). This level of quality is well above the average for the region and ensures that veneer-quality stems will make a significant contribution to investment yields over the long term. The average diameter for all merchantable products is 12.5", with sawlogs at 14". Full timber inventory data is available in the data room.
Along with the conserved timberlands, the estate is including a caretakers house, cottage and sawmill building in the sale. Both the caretakers house and sawmill building are being conveyed subject to a life estate as described in documents posted in the data room on our website. The small cabin is being sold without any encumbrance and could be used immediately by the new owner. The caretakers house is situated on 2 acres with frontage on Chase Road. A short distance away is the sawmill complex situated on 2.3 acres. As part of the life estate agreement, the current caretaker has rights to use and occupy the house and sawmill. However, property taxes, insurance and maintenance are the obligation of the caretaker. The cottage, positioned on 1.3 acres, is small and well constructed with easy access from Chase Road. Power, on-site septic and an artesian well are functional making this a good rental property or for use by the owner.
Serving New England including Vermont, New Hampshire, and Maine; the state of New York; and much of the Appalachian region including West Virginia, Kentucky and Tennessee.
Fountains Forestry Inc., Fountains Land Inc. and Fountains Spatial Inc. are subsidiaries of Fountains America Inc. © Fountains America Inc., Pittsfield, NH
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