Data Room opens July 29,2020.
American Forest Management, Inc. (AFM), and MW Forestry & Real Estate, LLC, are pleased to offer the Twin Lakes property in Iron County, Wisconsin, totaling ±14,030 GIS acres. The property is being offered for sale in its entirety at a price of $8,100,000. Offers will not be considered for individual tracts.
Twin Lakes is dominated by a diverse species mix of northern hardwood stands positioned for solid biological growth, product shifts and price appreciation. Eighty-nine percent of the acreage is classified as suitable for timber management.
The Twin Lakes resource basket has competitive markets for all products found on the property. Active hardwood sawmills are interspersed across the market area. There are also aspen, softwood, and hardwood pulpwood facilities located within reach of the property.
The property has a long history of quality timberland management influenced by investment parameters designed to maximize timber production, while maintaining the highest and best use of the land. The property has been managed under Wisconsin Best Management Practices and is currently SFI third-party certified. Twin Lakes is encumbered by a “working forest” conservation easement held by the State of Wisconsin’s Department of Natural Resources that allows the owner to manage for timber and other forest products while limiting subdivision and securing public access for outdoor recreation. The mineral rights transfer with the surface rights and, though restricted by the easement, allow for the extraction of materials for forest management-related road building.
AFM has set up an electronic data room containing property information for interested parties to use as they evaluate the property. All prospective bidders who execute a Confidentiality Agreement (CA) will be granted access to the data room. Send all executed CA's to Chris Singleton: Chris.Singleton@afmforest.com
For information related to this offering, please contact
Wisconsin Real Estate Salesperson
American Forest Management, Inc.
850 W Sharon Ave - Suite 2
Houghton, MI 49931
Wisconsin Real Estate Broker
MW Forestry and Real Estate, LLC
P.O. Box 1041
Wausau, WI 54402