Highway 20, Toledo, ORLincoln County

PUBLISHED RESERVE: $100,500

LAST ASKING: First Time Offered

SIZE: 57± Acres

ELEVATION: 60± to 600± Feet

ZONING: TC - Timber Conservation

PROPERTY INSPECTION: Locked gate - call Auction Information Office.

FINANCING: Subject to Seller's approval of Purchaser's credit. A 20% down payment will be required, with five annual payments and interest at the prime rate plus 2%. Balance to be paid prior to any timber harvest. See Supplemental Information Package for details regarding financing terms and conditions.

DESCRIPTION: The 57± acre Carlisle Creek Timber Tract is located 3 miles east of Highway 20 and 5 miles northwest of the Yaquina River front community of Toledo. It is well-stocked with 15-year-old Douglas fir and whitewoods.

There is physical access to the northwest corner via private logging roads but no legal access at this time. Carlisle Creek crosses the property. The Douglas fir site index is 130, or site class II±.