The 1,034 acre tract is one of the largest in-holdings of private timberland within the Santiam State Forest and next to the Willamette National Forest, and was acquired by the Seller in 2004 from Weyerhaeuser as part of a larger acquisition.

There is an estimated total of 6,000 MBF, with 51 acres of primarily old growth western hemlock, and the balance in well-stocked 40- to 60-year-old Douglas-fir on 783 acres, with the majority of the volume within a basin located within Section 13. The property has not been harvested since 1975. Please see Supplemental Information Package for timber type, map and inventory.

The headwater of Elkhorn Creek is located in Section 13, next to a small pond. The bulk of the old growth is located on 36 acres within Section 13, primarily within the southwest portion.

There is access to the property from Highway 22 at Niagara from Santiam State Forest Road 2211, which is a gravel road. The trailhead and parking for Rocky Top is 8.2 miles from Highway 22, and near the access entry road into Section 13. A power line R.O.W. bisects Section 24.

The topography is steep and rugged, with an internal system of logging roads that provide access throughout the property. Cable and yarder logging systems will be required. The road system will require upgrading and improvements before it can be used for hauling logs.

The Seller will consider, in addition to a cash bid, an alternate bid that has 10% cash and the balance in potential, unencumbered exchange properties that may be timberland in either or both Northwest Oregon or Southwest Washington, with 15- to 30 year-old Douglas fir, or hemlock reproduction, or income properties. See Supplemental Information Package for details.

Acquisition of the 1,034 acre Elkhorn Timber Tract provides a new owner with a combination of both timber and conservation values, with opportunity for near-term cash flow from the harvest of up to 6 million board feet, at an acquisition price of less than $1,900 per acre.