hwy 202, Astoria, OR 97103 - Clatsop County

PUBLISHED RESERVE: $98,500

LAST ASKING: First Time Offered

SIZE: 85± Acres

ELEVATION: 600± Feet

ZONING: F80 - Forest

PROPERTY INSPECTION: At Any Time. Locked gate.

FINANCING: Subject to Seller's approval of Purchaser's credit. A 30% down payment with the balance secured by a first deed of trust, amortized over 25 years at 6.75% interest, calling for monthly payments of principal and interest; all due and payable at the end of 3 years.

DESCRIPTION: This 85± acre tract is located 10± miles southeast of the Columbia River front city of Astoria, along the Middle Fork Klaskanine River, which is a tributary of Youngs River. There is extensive frontage along Highway 202. The Clatsop State Forest and other private timberland adjoin the property. A temporary easement that expires October 2012 has been provided to the Oregon Department of Forestry. The property has an estimated 19 acres of open grass area, with 36± acres stocked with a mix of 21 to 22-year-old Douglas fir, western hemlock and red alder, and with 7± acres of 12-year-old Douglas fir reproduction. An estimated 20 acres is within the riparian management area. The property has potential for a tree farm with a coastal recreation and hunting camp.