
Wesley, MELot 1 The Nineteen Road
Sale Price$11,490,541
MLS Number 4348673
- Land
- Acreage 9999
- Area Rural
- Water View
- Zoning various
East Machias River Forest represents one of the largest investment-grade timberland offerings to be made publicly available in the region in the past several years. A host of short-term and long-term timber management opportunities are inherent in the tracts size, extensive road network, species composition, and forest age classes. While the investment is driven by its timber resource, other attributes contribute to the overall asset value, including a strong recreational lease program with 20 annually renewable leases providing nearly $25,000 in annual cash flow.Acreage of the property is 21,948 despite what is entered in the "acres" field. Timber data is available on request.
Listed by Patrick Hackley of Fountains Land Inc.
Listing Sold by Fountains Land Inc.