Drew Timberlands | American Forest Management Inc.
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Drew Timberlands

Multiple Counties
(See Below)

± 12754 Acres
Active
Bid Sale
Active
Under Contract
Sold
Active
Under Contract
Sold

Property Description

Data room opens on October 23, 2019 

Bids due December 11, 2019

THE OFFERING
American Forest Management, Inc. (AFM) has been retained to solicit sealed bids for approximately 12,754± gross acres of land and timber located in Drew and Lincoln Counties, Arkansas, known as Drew Timberlands.  This unique property will be offered for sale in its entirety as a lump sum, single-phase event.  

THE PROPERTY
Drew is located northeast of Monticello, Arkansas.    The property enjoys excellent practical access for forest operations through a combination of public and private roads.  The internal road systems are graded and rocked for all-weather use.  

The property exhibits favorable operability with many opportunities for commercial thinning harvest activity.  The acreage is unencumbered by conservation easements or supply agreements.   Drew is within short haul distance of various domestic customers.
Additionally, the timberlands are managed in accordance with, and currently certified under, the Sustainable Forestry Initiative (SFI®) standard.

Approximately 86% of the acreage is currently classified as suitable for pine plantation management.  The cover types are summarized as: 

  • 10,672± acres of pine plantations 
  •  282± acres of recent pine cutover 
  • 474± acres of natural pine/hardwood
  • 1,155± acres of hardwood 
  • 171± acres of non-forest land

The upland acreage has a diverse age class distribution of pine plantations, with an average plantation age of 12 and overall site index of 77 feet (base age 25).  

The plantation acreage includes: 
• 5,877± gross acres of merchantable pine plantations (5,758± productive net acres ≥12 years of age) with an average age of approximately 18.7 years and overall average site index of 76 (base age 25).  These acres carry approximately 514,200 tons of pine volume equating to over 89 tons per net acre.   
• 4,795± gross acres of premerchantable pine plantations (4,723± productive net acres <12 years of age) with an average age of approximately 4.7 years and an average overall site index of 79 (base age 25).   

DATA ROOM
AFM has set up an electronic data room containing information for bidders to use as they evaluate the property.  All prospective bidders who execute a Non-Disclosure Agreement (NDA) will be granted access to the data room.  The data room will be accessible to prospective bidders starting October 23, 2019.

CONTACT INFORMATION
Non-Disclosure Agreements should be returned to Tom Margo.  Questions should be directed to:

Eric Gage
Licensed Arkansas Real Estate Broker
American Forest Management, Inc.
1406 Turtle Creek
Lufkin, Texas 75904
C: (936) 676-7034
O: (903) 534-9541
E: eric.gage@afmforest.com

Tom Margo
Director of Investment & Real Estate Services
American Forest Management, Inc.
8702 Red Oak Blvd. – Suite C
Charlotte, NC 28217
O: (704) 527-6780, Ext. 314
C: (478) 232-8833
E: tom.margo@afmforest.com

BROKER PARTICIPATION
No brokerage commission, finder’s fee or referral arrangements will be paid to any outside broker by the seller, AFM as a result of this transaction.  

Property Location

Drew Timberlands is located in Drew and Lincoln Counties, Arkansas. 

Listing Information

Price: Bid Sale
Tract Name: Drew Timberlands
Location: Drew County / Lincoln County, AR
Latitude / Longitude: 33.643796, -91.653764
Nearest City: Monticello
Acres: ± 12754
Property ID: 2143

Property Types & Usages

Timberland

All information is assumed to be accurate and substantially correct but no assumptions of liability are intended. Neither the seller nor the agent or representatives warrant the completeness or accuracy of the information. Seller does not guarantee timber volumes, values, acreages (total, woodland/cropland, stand or otherwise), tree ages or the condition and/or function of any improvements, including but not limited to all buildings, machinery, appliances, wells, equipment, livestock and ponds. No representations or warranties are expressed or implied as to the property, its condition, boundaries or logging feasibility. Prospective buyers should satisfy themselves as to the accuracy of this information.

Interested?

Contact the listing agent

Photo of agent

Eric Gage

Principal Broker
1406 Turtle Creek Drive
Lufkin, TX 75904

Drew Timberlands

Drew County, AR

± 12754 Acres
Active
Bid Sale

Interested?

Contact the listing agent

Photo of agent

Eric Gage

Principal Broker
1406 Turtle Creek Drive
Lufkin, TX 75904

Property Description

Data room opens on October 23, 2019 

Bids due December 11, 2019

THE OFFERING
American Forest Management, Inc. (AFM) has been retained to solicit sealed bids for approximately 12,754± gross acres of land and timber located in Drew and Lincoln Counties, Arkansas, known as Drew Timberlands.  This unique property will be offered for sale in its entirety as a lump sum, single-phase event.  

THE PROPERTY
Drew is located northeast of Monticello, Arkansas.    The property enjoys excellent practical access for forest operations through a combination of public and private roads.  The internal road systems are graded and rocked for all-weather use.  

The property exhibits favorable operability with many opportunities for commercial thinning harvest activity.  The acreage is unencumbered by conservation easements or supply agreements.   Drew is within short haul distance of various domestic customers.
Additionally, the timberlands are managed in accordance with, and currently certified under, the Sustainable Forestry Initiative (SFI®) standard.

Approximately 86% of the acreage is currently classified as suitable for pine plantation management.  The cover types are summarized as: 

  • 10,672± acres of pine plantations 
  •  282± acres of recent pine cutover 
  • 474± acres of natural pine/hardwood
  • 1,155± acres of hardwood 
  • 171± acres of non-forest land

The upland acreage has a diverse age class distribution of pine plantations, with an average plantation age of 12 and overall site index of 77 feet (base age 25).  

The plantation acreage includes: 
• 5,877± gross acres of merchantable pine plantations (5,758± productive net acres ≥12 years of age) with an average age of approximately 18.7 years and overall average site index of 76 (base age 25).  These acres carry approximately 514,200 tons of pine volume equating to over 89 tons per net acre.   
• 4,795± gross acres of premerchantable pine plantations (4,723± productive net acres <12 years of age) with an average age of approximately 4.7 years and an average overall site index of 79 (base age 25).   

DATA ROOM
AFM has set up an electronic data room containing information for bidders to use as they evaluate the property.  All prospective bidders who execute a Non-Disclosure Agreement (NDA) will be granted access to the data room.  The data room will be accessible to prospective bidders starting October 23, 2019.

CONTACT INFORMATION
Non-Disclosure Agreements should be returned to Tom Margo.  Questions should be directed to:

Eric Gage
Licensed Arkansas Real Estate Broker
American Forest Management, Inc.
1406 Turtle Creek
Lufkin, Texas 75904
C: (936) 676-7034
O: (903) 534-9541
E: eric.gage@afmforest.com

Tom Margo
Director of Investment & Real Estate Services
American Forest Management, Inc.
8702 Red Oak Blvd. – Suite C
Charlotte, NC 28217
O: (704) 527-6780, Ext. 314
C: (478) 232-8833
E: tom.margo@afmforest.com

BROKER PARTICIPATION
No brokerage commission, finder’s fee or referral arrangements will be paid to any outside broker by the seller, AFM as a result of this transaction.  

Property Location

Drew Timberlands is located in Drew and Lincoln Counties, Arkansas. 

Listing Information

Price: Bid Sale
Tract Name: Drew Timberlands
Location: Drew County / Lincoln County, AR
Latitude / Longitude: 33.643796, -91.653764
Nearest City: Monticello
Acres: ± 12754
Property ID: 2143

Property Types & Usages

Timberland

All information is assumed to be accurate and substantially correct but no assumptions of liability are intended. Neither the seller nor the agent or representatives warrant the completeness or accuracy of the information. Seller does not guarantee timber volumes, values, acreages (total, woodland/cropland, stand or otherwise), tree ages or the condition and/or function of any improvements, including but not limited to all buildings, machinery, appliances, wells, equipment, livestock and ponds. No representations or warranties are expressed or implied as to the property, its condition, boundaries or logging feasibility. Prospective buyers should satisfy themselves as to the accuracy of this information.

Contact

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