Investment opportunity with income- This unique and diverse 80 acre property located in rural Clackamas County near Beavercreek, Oregon is approximately 30 miles from Portland International Airport. There is significant merchantable timber to be managed or harvested, with an extensive trail system throughout. There is an operating lumber mill with a long-term lease through 2023 generating income of approximately $17,500/month. On 6/1/18, mill lease income goes to triple net at $16,400/month, with 3% annual escalation clause. The lease includes 4 large steel framed buildings and other mill site improvements. Some of the mill site equipment pictured in the photos belongs to the lessee and is not included, although there is some equipment included in the sale (Equipment List available upon request). The home is a 2-bedroom manufactured home, currently rented for an additional $1400.00/month income. Buckner creek, with 2 bridges and a fish ladder, flows through the property creating 2 large ponds that provide for recreational enjoyment, as well as a source of water for emergency fire suppression. This picturesque acreage can be accessed from Schmidt Rd or there is a separate deeded access from Larkin Rd. The sale is subject to the final recording of the deeds and property line adjustment survey in progress.
Shown by appointment only. Please call Broker for showing appointment.