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Size: 40 Acres

Auction Information

Oral Auction - 5/12/12
Sheraton Portland Airport Hotel, 8235 Northeast Airport Way, Portland, OR
05/12/2012, 12:00 PM

40 Acres in Cave Junction, OR

Property 1202-6

40 Acre Kelly Creek Timber Tract

Published Reserve

$49,350

Last Asking

First Time Offered

Size

40 Acres

Elevation

2,400 Feet to 2,800 Feet

Zoning

FC (Forest Commercial)

Property Inspection

At Any Time

Financing

Subject to Sellers approval of Purchasers credit: A 20% down payment with five annual payments and interest at the prime plus 2%. Balance to be paid prior to any timber harvest. See Supplemental Information Package for detail regarding financing terms and conditions.

Description

The 40 acre Kelly Creek Timber Tract is located 5 miles east of Cave Junction, 3 miles north of the Illinois Valley, in southern Josephine County. The tract was commercially thinned ten years ago and there is an estimated net volume of 300 MBF with a mix of 70 yearold Douglasfir and hardwoods. (SeeSupplemental Information Package for inventory detail.)

The tract is locate...

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Contact Seller
Realty Marketing/Northwest

Portland, OR

(458) 221-9578