The 4,229-acre Triangle Forest, located in the heart of the Adirondack Mountains, is an attractively priced spruce and northern hardwood property with immediate timber income potential through pulpwood and biomass thinnings. Meanwhile, its valuable hardwood and spruce sawtimber resource can be allowed to grow in value over time. Capital Timber Value is $2,362,200 ($557/acre), representing 83% of the asking price. Highlights include over 15 million board feet of quality spruce/fir and hardwood sawtimber and 56,367 cords of pulpwood.
The property is in the central Adirondack town of Long Lake, an area known for its working forest landscape, with good access to markets, logging contractors and forestry service providers. Tupper Lake is 12 miles north along Route 30 and Interstate 87 is 45 miles to the east. Access is via a deeded right-of-way across Number 4 Road, a 2-mile-long, gated private road that extends from Route 30 to the propertys western boundary. There are over 11 miles of internal forestry and log hauling roads throughout the property and established forestry skidding and forwarding trails that are already in place for future silvilcultural entries.
The Triangle Forest offers six-and-a-half square miles of productive, unencumbered forestland. Forestry and logging operability is considered very good, with hardwood sites workable all year round and the lower-lying spruce/fir stands ideally suited for winter operations when the ground is frozen. The commercial acreage deemed accessible for harvesting total 3,901 acres, representing 92% of the total property area. The property also offers solid recreational leasing opportunities to offset holding costs. There is long frontage on two significant streams. Bog Stream flows through the propertys southwest corner for over two miles and Moose Creeks upper headwaters form in the heart of the property and serpentine through boreal spruce stands, open beaver bogs and northern forests for over two-and-a-half miles.
The Triangle Forest offers a naturally-diverse, resilient Adirondack forest whose overall volume is comprised of 65% northern hardwoods and 35% conifer species. Spruce/fir represents 30% of total property-wide volume, along with beech (28%), red maple (17%), birches (11%), sugar maple (5%) and other associates (9%). There are near-term thinning opportunities associated with low grade beech pulpwood removals that can generate modest cash flow, while accelerating residual growth for the higher-value hardwoods like birches and maple. Financially mature spruce and balsam fir that are intermixed within these northern hardwood stands can be harvested simultaneously with the low-grade removals. The spruce/fir resource is growing nicely and will be reaching financial maturity within the coming decade.
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