1,160 Acres in Elba, AL - $1,977,800
Amazing pine timber investment for a REIT, Trust, LLC, Institution, or an Individual looking for a solid hedge in todays volatile stock market. The Todd Estate Tract is almost 85% timbered in planted pine containing all stages from Pine Pulp, Pine Chip-N-Saw, and Pine Sawtimber. The balance of the timber is Hardwood Pulp and Hardwood Sawtimber.
The tract has been meticulously managed, routinely burned, and thinned for best growth practices and monetary return. Situated only one mile from Elba, there is over 3,000 ft. of paved road frontage with power on Coffee County Road 505 and additional frontage on graded roads 509, 513, and 518. There are approximately seven miles of internal or woods roads and 8 wildlife food plots.
The soils are excellent for producing quality timber and the location is ideally set among several competitive saw mills, paper mills, pole mills, and particle bo...
The soils are excellent for producing quality timber and the location is ideally set among several competitive saw mills, paper mills, pole mills, and particle board mills. The timber is presently estimated at $790,569 or roughly $681.53 per acre. Qualified prospects will be given timber volumes upon request and will be responsible for verifying both volumes and timber prices.
With an asking price of $1,705 per acre it places the bare land just above $1,000 per acre. This investment opportunity is priced to sell and will not stay on the market long.
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