Oakridge, OR 97402(Lane County)

View west along Auction Property #119 riverfront, with rock quarry feet of river frontage, that includes the former Finn Rock Logging Camp which, in the 1940s, contained twenty homes, a church, and a company store which remained until 1980.

The Finn Rock Boat Launch is part of the McKenzie River camp property, and is used by the public as access to the popular rafting stretch between Finn Rock, and Helfrich Boat Landing. It could be used by the owner as a private boat launch, or leased to a private outfitter.

The portfolio also includes a four cabin complex on 8.64 acres along the McKenzie Highway, near the community of Blue River, and overlooks Elk Creek. The cabins provide the option for their replacement with new cabins that could be used for rentals.

Adjacent to the Elk Creek Cabins is the 145 acre McKenzie River West property that has potential entitlements for three riverfront home or cabin sites. In addition, the property has a rock quarry permitted for private use with a pond which could easily be incorporated into a recreation use that could include potential camp sites, fishing pond and system of hiking and jogging trails. Acquisition of the Elk Creek cabins by the same Owner would enhance rental potential, giving access to over 9,200 feet of river frontage.

There is an estimated 5,500 MBF of mature conifer and hardwoods, including Douglas-fir, white woods, red cedar and hardwoods on Auction Properties #119 and #120 (see Supplemental Information Package for inventory) which could provide some near term cash flow from logging, as part of the development of portions of the property.

The McKenzie River West Portfolio also has a significant conservation opportunity in the donation, or sale, of a conservation or Working Forest Easement in order to control any future development of potential home sites, or replacement of the four cabins, potential timber harvest, and additional quarry operations. The McKenzie River Land Trust has been very active in obtaining Conservation Easements, and in acquiring properties that have significant conservation value.

Acquisition of the entire Portfolio will provide opportunity to develop seasonal, or year-round, residential and recreation uses. Sale of the three individual properties is subject to bids in the aggregate to equal, or exceed, the bulk reserve price of $3,000,000.

Auction Property # 118

Elk Creek Cabins

PUBLISHED RESERVE: $157,500*

The Elk Creek Cabins are located on an 8.64 acres site, with a common entry drive along the McKenzie River Highway. There is a total of four small cabins which range from 384 square feet to 760 square feet, built from between 1948 to 1978. Two of the cabins, each with one bedroom and one bath, are currently rented for a total of $1,000 per month. The other two cabins are in fair to poor condition, and are vacant. There is a shared well and septic system which serve the cabins.

The cabins are on a ridge above Elk Creek, and are not within the flood plain.

A new owner could have the opportunity to replace all four with new cabins, upon Lane County approval, which could be rented year-round, or used as vacation rentals.

Access to the 145 acre McKenzie River West property is along the northern boundary. Auction Property # 119

McKenzie River West with Rock Quarry, Timber, and Potential Entitlements for Three Dwellings

PUBLISHED RESERVE: $1,135,000*

The 145 acre McKenzie River West property has access from the McKenzie Highway, by the Elk Creek cabins. The old road bed was used for seasonal crossing on Elk Creek, and was used by Rosboro for its tree farm property when it operated the rock quarry. A new owner will need to develop year-round access with a bridge over Elk Creek to serve the three potential home and / or cabin sites.

There is an estimated 9,200 feet of McKenzie River frontage, and 3,280 MBF of timber, including Douglas-fir, white woods, red cedar, and hardwoods. The property, with its unusual riverfront setting and seclusion, provides options for the development of three year-round private retreats. There is a walking trail around the property. Additionally, this property, in combination with the Elk Creek cabins, could provide an opportunity for seasonal or year-round rental income.

Auction Property # 120

McKenzie River Camp with Finn Rock Boat Launch, and Potential Entitlements for Three Dwellings

PUBLISHED RESERVE: $1,707,500*

The 106 acre McKenzie River camp property has 9,100 feet of riverfront, with access from the McKenzie Highway. The Finn Rock Boat Launch, with small parking area, has been available for public access.

The southwest part of the property was the site of the historic Finn Rock Logging Camp. There is an all-weather road on the tract which served the logging camp, which in the 1950s contained twenty-two homes. Power is available, and there is an existing well on the property.

Rosboro has potential entitlements for up to three dwellings on the auction property which could be used for year-round homes or cabins with shared gated entry. The property is mostly level and could also accommodate a barn for each owner for horses or a shop.

The eastern boundary of the bulk of the property is along Powerline Road.

There is an estimated 2,280 MBF of timber, including Douglas-fir, white woods, and red cedar and hardwoods.