Sealed Bid Auction: Tygart Valley Timberlands in West Virginia
Tygart Valley Timberlands is located in Barbour, Clay, Nicholas, Pendleton, Pocahontas, Tucker, and Webster Counties in West Virginia, totaling 21,191 +/- gross acres. The property is being presented for sale in its entirety, as one package in its entirety through a lump sum single-stage bid sale event. Offers will not be considered for individual tracts. Bids will be due by 10PM on January 15, 2020.
Tygart Valley 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. Ninety-four percent of the acreage is classified as suitable for timberland management.
Sawtimber species mix includes Black Cherry (8%), Black Oak (3%), Chestnut Oak (9%), Sugar Maple (9%), Red Maple (16%), Red Oak (12%), White Oak (7%), Yellow Poplar (13%), other hardwoods (20%), and softwood (3%).
The current standing inventory includes approximately 116 MMBF (Doyle) of sawtimber across all species (roughly 5,500 board feet per gross acre) and 165,900 cords of pulpwood (7.8 cords per gross acre.)
The seller owns the mineral (oil, gas and coalbed methane) rights on approximately 9,750 acres, which will convey with the property.
AFM has set up an electronic data room containing information for prospective purchasers to use as they evaluate the offering. All prospective purchasers who execute a Confidentiality Agreement (CA) are invited to participate in the process and will be granted access to the data room.
Confidentiality Agreements should be returned to Tom Margo. Sale specific questions should be directed to Scott Bosley or Jake Almond.
This timberland for sale is offered by Scott Bosley with American Forest Management, who’ve been helping landowners manage, sell, buy, improve, and enjoy millions of acres of land for over 50 years. With land transactions valued at over $3 billion, they have the most experienced and technically talented professionals in the industry. Unlike average real estate generalists, their sales people are land specialists having commercial, forestry, appraisal, farming and wildlife management backgrounds.
Scott Bosley is a Professional Seller and we’re proud he chooses to showcase his listings on the LANDFLIP NETWORK. Contact him for more information on this property.
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