Cave Junction, OR 97523 - Josephine County

Property 1202-6

40 Acre Kelly Creek Timber Tract

Published Reserve

$49,350

Last Asking

First Time Offered

Size

40 Acres

Elevation

2,400 Feet to 2,800 Feet

Zoning

FC (Forest Commercial)

Property Inspection

At Any Time

Financing

Subject to Sellers approval of Purchasers credit: A 20% down payment with five annual payments and interest at the prime plus 2%. Balance to be paid prior to any timber harvest. See Supplemental Information Package for detail regarding financing terms and conditions.

Description

The 40 acre Kelly Creek Timber Tract is located 5 miles east of Cave Junction, 3 miles north of the Illinois Valley, in southern Josephine County. The tract was commercially thinned ten years ago and there is an estimated net volume of 300 MBF with a mix of 70 yearold Douglasfir and hardwoods. (SeeSupplemental Information Package for inventory detail.)

The tract is located on both an east and southeasternfacing hillside, with moderate topography, and there is physical access to the northwest corner of the tract from BLM Road 39794. (Due to road blockage, there is a need to walk 70 yards.) There is a recorded access easement for a road running north into the southwest corner of theparcel from Highway 46, but it is gated. Groundbased logging equipment using a network of existing loggingroads was used ten years ago to thin the stand. Adjoining owners include a private timber company and the BLM.

Location

Township 39 South, Range 7 West, the Southwest Quarter of the Northwest Quarter of Section 16. From Cave Junction, take Oregon Highway 46 (Caves Highway) east 6.6 miles, then turn left onto Bear Creek Road. At 3.3 miles, take left onto BLM 97792. At 1.1 miles, take left fork onto BLM 39794. Travel .6 miles and take left fork onto an unmarked road. Travel 2.1 miles to a blockage in the road near the NW corner of the parcel. Walk east (downhill) about 70 yards to parcel boundary.