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Size: 40 Acres

Auction Information

Oral Auction
Portland Airport Sheraton, Portland, OR
Start Date: 11/13/2010, 12:00 PM

40 Acres in Yamhill, OR

PUBLISHED RESERVE: $118,500

LAST ASKING PRICE: First Time Offered

SIZE: 40± Acres

ELEVATION: 500± to 580± Feet

ZONING: AF-80 - Agricultural/Forestry District

PROPERTY INSPECTION: At Any Time

FINANCING: Subject to Seller's approval of Purchaser's credit: A 25% down payment with the balance secured by a first deed of trust, amortized over 25 years at 6.5% interest, calling for monthly payments of principal and interest; all due and payable at the end of 3 years.

DESCRIPTION: This 40± acre timber and recreation tract is located nine miles west of Yamhill, in the foothills of the Oregon Coastal Range along Flying M Ranch Road, and is within a 50-minute drive of the Portland metropolitan area. Both Yamhill and Carlton, in the heart of Yamhill County wine country, are a short drive away.

The property has an estimated 26 acres of primarily 15 to 20 year old Douglas fir reprod...

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Directions

Township 2 South, Range 5 West, Section 31, Tax Lot 200. From Yamhill take Moores Valley Road west 1.5 miles to a fork in the road. Continue straight onto Oak Ridge Road. Follow to top of hill where road will fork and change to gravel. Take left fork and go 4 miles and turn left on Flying M Road. Go .5± miles to property on left.

Contact Seller
Realty Marketing/Northwest

Portland, OR

(458) 221-9578