Pete LeClair Road, Ellenburg, NY 12933 - Clinton County

Ellenburg Forest is a timber investment opportunity with a favorable sugar maple and yellow birch species composition. Additionally, the forests abundant growing stock component provides an attractive case for product shift appreciation, further bolstering long-term asset performance opportunity. The property is located in the northeast corner of the Adirondack Park, between Lake Champlain and Chateauguay Lake. There are strong markets for sawlog products in Quebec and markets for low-grade products nearby in New York, Vermont and Quebec.

The upland terrain on Ellenburg Forest is predominantly gently rolling, so it is well-suited to growing timber and supporting mechanical harvesting operations. Soils are generally moderately deep to deep, loamy tills with overall, fairly good drainage. Species composition is dominated by hardwoods, which hold 87% of total volume. Sugar maple, yellow birch and spruce/fir, each highly desirable species with strong local markets, account for the majority (77%) of total volume. Fountains has calculated a property-wide Capital Timber Value (CTV) of $1,090,300 ($529/total acre).