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Bornemann RoadWolcott, VT 05652-0000Sale Price: $1,160,000

  • Sale Price: $1,160,000
  • 300 Days Since Sale
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Federal 30-year interest rate: 2.8% last updated on Jul 29, 2021
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  • $1,220,000List Price
  • 2155Acreage
  • 93,871,800Square Feet

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Listed by Michael Tragner of Fountains Land Inc.

Listing Sold by Fountains Land Inc.
Eden-Craftsbury Forest represents an exceptional timber investment opportunity with attractive species composition, mostly gentle terrain and diverse diameter distribution, including maturing stems, ensuring a regular, periodic flow of income from future forest management activity. The ownership, Atlas Timberlands Partnership, is a collaboration between two conservation groups, The Nature Conservancy and the Vermont Land Trust. Together, they have held the property (along with other lands) as a model for managing a diverse array of stewardship goals, including the practice of sustainable silvicultural operations. Their goal in divesting is to raise funds to further their forestland conservation work on new projects. Investment highlights include: Pure timber investment, where existing conservation easement sets asking price at 72% of capital timber value; Present ownership history of conducting silvicultural operations with focus on improving overall forest conditions; Ideal species composition dominated by the maples and yellow birch; Developed internal access; Mostly gently sloping terrain, enhancing cost efficient forestry operations; Recreational opportunity supported by the right to build a rustic camp.

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 5, 2021.

 

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