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Auction Information

Oral Auction - 5/12/12
Sheraton Portland Airport Hotel, 8235 Northeast Airport Way, Portland, OR
05/12/2012, 12:00 PM

Property 1202-5

40 Acre Red Mountain Timber Tract

Published Reserve

$33,250

Last Asking

First Time Offered

Size

40 Acres

Elevation

Yes

Zoning

FC (Forest Commercial)

Property Inspection

At Any Time 4WD

Financing

Subject to Sellers approval of Purchasers credit. A 20% down payment with five annual payments and interest at the prime rate plus 2%. Balance to be paid prior to any timber harvest. See Supplemental Information Package for detail regarding financing terms and conditions.

Description

The 40 acre Red Mountain Timber Tract is located 8 miles north of Grants Pass, along the northfacing slopes of Walker Mountain. The property was commerciallythinned 15 20 years ago, leaving an understory of mostly 35 yearold timber that may provide additional harvest income within 15 years. There is an estimated net timber volume of 176 MBF of primarily 89 yearold Douglasfir and incen...

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Contact Seller
Realty Marketing/Northwest

Portland, OR

(458) 221-9578