Back To All Properties

The Triangle Forest

Long Lake, Hamilton County, NY
12847

Price: $2,500,000

Acres: 4,229

Type: Timber

Availability: Sold

Six And A Half Square Miles Of Productive Forests

Nine Million Board Feet Of Spruce/Fir Sawlogs

Well-Stocked Hardwood Stands

Moose Creek Flow

Steady Asset Growth And Immediate Timber Income

Eleven Miles Of Gravel Roads

Spruce/Fir Represents 60% Of Sawlog Value

Productive Northern Hardwood Growing Sites

Contact Fountains Land

Michael Tragner
Office: 802-233-9040
Mobile: 802-233-9040

Six And A Half Square Miles Of Productive Forests

Nine Million Board Feet Of Spruce/Fir Sawlogs

Well-Stocked Hardwood Stands

Moose Creek Flow

Steady Asset Growth And Immediate Timber Income

Eleven Miles Of Gravel Roads

Spruce/Fir Represents 60% Of Sawlog Value

Productive Northern Hardwood Growing Sites

Introduction

Location

Access

Site Description

Timber

Introduction

Fountains is pleased to offer The Triangle Forest, a 4,229-acre investment forestland, located in the heart of the Adirondack Mountains. This spruce and northern hardwood property, recently reduced in price, offers immediate timber income potential through pulpwood and biomass thinnings while allowing its valuable hardwood and spruce sawtimber resource to grow in value over time.

Location

The property is situated in the central Adirondack town of Long Lake, in an area known for its working forest landscape with good access to markets, logging contractors and forestry service providers. Tupper Lake is situated 12 miles north along Route 30 and offers steady log markets, regional shopping and dining amenities. Route 30, situated 2 miles to the west, is a major forest products transportation artery to regional pulp, sawlog, veneer and firewood outlets.

Access

Access is via a deeded right-of-way across Number 4 Road, a 2-mile-long, gated, private road that extends from Route 30 to the property’s western boundary. Number 4 Road’s gravel base and good running surface have been carefully maintained over the years and are immediately suitable to both SUV type traffic and log trucks. Upon entering the property, there are 11 total miles of established, well-maintained gravel roads which are ready to use for the next harvest entry.

Site Description

The Triangle Forest offers six and a half square miles of productive, unencumbered forestland in the heart of the Adirondack Park. Highlights include a rich canvas of cathedral spruce and balsam fir stands, well-drained hardwood ridges, several miles of creek frontage along Moose Bog Stream, and abundant gravel deposits that are perfectly suited for internal road building and maintenance.

Timber

The Triangle Forest offers a fully-stocked spruce/fir and northern hardwood resource that can provide both reasonable near-term cash flow and steady asset growth over time. A summer 2017 inventory (with growth through 2020), based upon a 10 BAF factor prism cruise of 249 plots reveals a standing timber inventory of 16,408 MBF of spruce/fir and hardwood logs and 58,656 cords of pulpwood products, with total stocking at 23.4 cords per acre. Capital Timber Value has been set at $2,370,600 ($561/acre), a figure representing 95% of the asking price. Inventory stats at the 95% Confidence Interval are 16.5% for sawlog products and 11.1% for cordwood products.

Broker Disclosure: Under agency law, you are considered a customer, unless you have a written brokerage agreement with Fountains Land (in which case you are a client). While you are a customer, Fountains is NOT obligated to keep confidential the information that you might share with us; therefore, you should not reveal any information that could harm your bargaining position.