1,310 Acres in Edinburg, NY - $940,000
Burnt Mill Forest is a quality Adirondack timberland investment property situated in New Yorks Great Sacandaga Lake Region. As one of the larger contiguous properties in Saratoga County, this forest represents a unique opportunity to acquire nearly two square miles of timberland at an asking price tied very closely to the lands standing Capital Timber Value (CTV). Based on recent inventory data, the CTV has been set at $805,600. The forest resource is well-stocked and primarily populated by favorable hardwood species dominated by sugar maple, yellow birch and ash poles/sawlogs. The gently-sloping terrain is ideal for hardwood production and cost-effective harvest operations, boosted by an existing internal road infrastructure. Seldom does a forest come to market where the asking price is set so close to its CTV, offering a forestland investment that will be driven by traditional asset ap...
Burnt Mill Forest is a quality Adirondack timberland investment property situated in New Yorks Great Sacandaga Lake Region. As one of the larger contiguous properties in Saratoga County, this forest represents a unique opportunity to acquire nearly two square miles of timberland at an asking price tied very closely to the lands standing Capital Timber Value (CTV). Based on recent inventory data, the CTV has been set at $805,600. The forest resource is well-stocked and primarily populated by favorable hardwood species dominated by sugar maple, yellow birch and ash poles/sawlogs. The gently-sloping terrain is ideal for hardwood production and cost-effective harvest operations, boosted by an existing internal road infrastructure. Seldom does a forest come to market where the asking price is set so close to its CTV, offering a forestland investment that will be driven by traditional asset appreciation fundamentals: physical growth, product shifting and stumpage price appreciation. In addition, this corner of Saratoga County is a popular destination for hunters seeking a classic and secluded Adirondack hunting experience close to nearby population centers. Full report, including timber data, is available upon request.
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