Auction Information
667 Acres in Alger, WA
PUBLISHED RESERVE: $700,000
LAST ASKING: $850,000
SIZE: 667± Acres
ELEVATION: 761± Feet to 1,350± Feet
ZONING: CF- Commercial Forestry
PROPERTY INSPECTION: At Any Time
FINANCING: None - All Cash
DESCRIPTION: This 667± acre timber tract is located along the northwest slope of Lookout Mountain and overlooks both Samish Lake and Bellingham Bay. There is an estimated 2.2 million board feet of primarily alder, with over 490 acres of 6 to 15 year Douglas fir reproduction. The property is an excellent timber investment, with very good access and lease income. The lease is with Whatcom County for a recreational/firearms and archery range on an 8.3± acre site, at an annual lease of $4,000 (See Supplemental Information Package for a copy of lease).
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Township 37, Range 3 East, Sections 11 and 14