Wapiti Woods
Multiple Counties
(See Below)
Property Description
Data Room Opens on July 8, 2020.
THE OFFERING
American Forest Management, Inc., (AFM) is pleased to offer an investment grade, Appalachian hardwood property totaling 16,122± GIS acres known as Wapiti Woods. The property is located in Logan and Mingo Counties, West Virginia, and is being offered in its entirety for a listing price of $7,700,000. Offers will not be considered for individual tracts.
THE PROPERTY
Wapiti Woods 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 West Virginia Best Management Practices and is currently SFI third-party certified. As is typical in this region, the minerals are not owned by the seller. Wapiti Woods is encumbered by a “working forest” conservation easement held by the State of West Virginia’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. Preliminary steps have been completed to initiate carbon credit sales if desired.
The acreage is dominated by a diverse species mix of Appalachian hardwood stands growing on productive sites positioned for strong biological growth, product shifts and price appreciation. The property contains an exceptionally high percentage of merchantable acreage, with ninety-five percent (95%) of the acreage classified as suitable for timberland management.
DATA ROOM
AFM has set up an electronic data room containing property information for interested parties to use as they evaluate the properties. 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:
Jake Almond
Broker-in-Charge - WV
Principle Broker - TN & KY
American Forest Management, Inc.
C: 865.806.6533
E: Jake.Almond@afmforest.com
Scott Bosley
Real Estate Salesperson
Licensed in West Virginia
American Forest Management, Inc.
C: 304.228-5552
E: Scott.Bosley@afmforest.com
Property Location
The property is located in Logan and Mingo Counties, West Virginia.
Listing Information
| Price: | $7,700,000 |
| Tract Name: | Wapiti Woods |
| Location: | Logan County / Mingo County, WV |
| Latitude / Longitude: | 37.852984, -81.985835 |
| Nearest City: | Logan |
| Acres: | ± 16,122 |
| Property ID: | 2283 |
Property Types & Usages
| Timberland |
Interested?
Contact the listing agent
Scott Bosley
Salesperson
464 Prosperity Road
Prosperity, WV 25909
Broker-In-Charge: Jake Almond
Wapiti Woods
Logan County, WV
Interested?
Contact the listing agent
Scott Bosley
Salesperson
464 Prosperity Road
Prosperity, WV 25909
Broker-In-Charge: Jake Almond
Property Description
Data Room Opens on July 8, 2020.
THE OFFERING
American Forest Management, Inc., (AFM) is pleased to offer an investment grade, Appalachian hardwood property totaling 16,122± GIS acres known as Wapiti Woods. The property is located in Logan and Mingo Counties, West Virginia, and is being offered in its entirety for a listing price of $7,700,000. Offers will not be considered for individual tracts.
THE PROPERTY
Wapiti Woods 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 West Virginia Best Management Practices and is currently SFI third-party certified. As is typical in this region, the minerals are not owned by the seller. Wapiti Woods is encumbered by a “working forest” conservation easement held by the State of West Virginia’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. Preliminary steps have been completed to initiate carbon credit sales if desired.
The acreage is dominated by a diverse species mix of Appalachian hardwood stands growing on productive sites positioned for strong biological growth, product shifts and price appreciation. The property contains an exceptionally high percentage of merchantable acreage, with ninety-five percent (95%) of the acreage classified as suitable for timberland management.
DATA ROOM
AFM has set up an electronic data room containing property information for interested parties to use as they evaluate the properties. 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:
Jake Almond
Broker-in-Charge - WV
Principle Broker - TN & KY
American Forest Management, Inc.
C: 865.806.6533
E: Jake.Almond@afmforest.com
Scott Bosley
Real Estate Salesperson
Licensed in West Virginia
American Forest Management, Inc.
C: 304.228-5552
E: Scott.Bosley@afmforest.com
Property Location
The property is located in Logan and Mingo Counties, West Virginia.
Listing Information
| Price: | $7,700,000 |
| Tract Name: | Wapiti Woods |
| Location: | Logan County / Mingo County, WV |
| Latitude / Longitude: | 37.852984, -81.985835 |
| Nearest City: | Logan |
| Acres: | ± 16,122 |
| Property ID: | 2283 |
Property Types & Usages
| Timberland |
Contact
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