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Listed by Michael Tragner of Fountains Land Inc.

Listing Sold by Fountains Land Inc.

Route 12 ABraintree, VT 05060Sale Price: $4,950,000

  • Sale Price: $4,950,000
  • 363 Days Since Sale
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,950,000List Price
  • 7279Acreage
  • 317,073,240Square Feet

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Northfield Ridge Forest represents a long-term timber investment opportunity with attractive species composition, well-drained soils on sloping terrain, and young and middle-aged stands, well-positioned for robust asset appreciation. The ownership, The Conservation Fund (TCF), is a non-profit conservation organization whose Mission Statement is “TCF, working with public, private and nonprofit partners, protects America's legacy of land and water resources through land acquisition, sustainable community and economic development, and leadership training, emphasizing the integration of economic and environmental goals”. Their goal in divesting of this property is to raise funds to further their forestland conservation work on new projects. Investment highlights include: · Attractive location with recreation & big game hunting opportunities supported by various sites to build camps; · Exceptional long-term timber investment asset with a standing timber value very close to the asking price; · Ideal species composition, dominated by northern hardwoods; · Developed access, well suited to future forest management activities and recreational pursuits;

Property Details of Route 12 A

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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 29, 2023 3:38 AM EST

 

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