45,436 Acres in Jellico, TN - $39,500,000
PROPERTY DESCRIPTION
TKY Timberlands collectively consist of 19 properties located in 12 counties in Kentucky and Tennessee. The properties are generally described as:
Blue Diamond – A contiguous block of timberland totaling 27,437± GIS acres located in Scott Counties, Tennessee.
Gatliff – A contiguous block of timberland totaling 12,693± GIS acres located in Whitley Counties, Kentucky.
Smaller Tracts – Consists of 17 properties totaling 5,306 ± GIS acres and ranging in size from 70 to 843± GIS acres located in Breathitt, Clay, Estill, Jackson, Knox, Lee, Leslie, and Owsley Counties, Kentucky.
The Timberlands are being offered in their entirety with no option for subdivision.
TKY Timberlands have a long history of quality timberland management influenced by investment parameters designed for maximizing timber production, rather than immediate cash flows, while maintaining the highest and be...
TKY Timberlands have a long history of quality timberland management influenced by investment parameters designed for maximizing timber production, rather than immediate cash flows, while maintaining the highest and best use of the land. As a result of this management approach, the properties are currently certified under the American Tree Farm® Standard. This large acreage is an excellent investment opportunity situated in an area with numerous forest products markets and growing demand for recreational properties.
MINERALS OWNERSHIP
As is typical in this region, the minerals are not owned by the Seller. However, unique to this property is an exceptionally powerful surface damage agreement that provides the surface owner with an inordinate amount of control over any mineral development and lucrative ancillary cash flow opportunities.
DATA ROOM
AFMLS has set up an electronic data room containing property information for prospective purchasers to use as they evaluate TKY Timberlands. All prospective purchasers who execute the Confidentiality Agreement (CA) will be issued access to the data room. These permissions will be issued via email once the data room goes live.
OFFERING PROCESS
Prospective purchasers are invited to participate in the process upon complete execution of the CA. The property is being offered for sale, in its entirety with an asking price of $39,500,000.
BROKERAGE PARTICIPATION
Brokerage participation is welcomed. Please call Jake Almond at the number listed below for details.
PROPERTY TOURS
Interested parties are encouraged to contact an AFMLS representative to tour the TKY Timberlands. The tour offers an overview of management history and silviculture practices. Interested parties may inspect the property on their own upon notification to AFMLS. A fully executed CA is required before entering the property. Upon receipt of the CA, access information will be issued by Jake Almond. Those entering the property do so at their own risk and no liability is assumed by the Seller or AFMLS.
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
The property consists of 27,437± contiguous acres of professionally managed timberlands located in Campbell and Scott Counties, Tennessee and 17,999± acres located in Bell, Breathitt, Clay, Estill, Jackson, Know, Lee, Leslie, Owsley and Whitley Counties, Kentucky. Please call Broker for detailed directions.