Adams Property

Adam 120 ac These 120 acres lay on the west side of Patterson Rd. The front 40 acres is 75% covered by young red pine that will be ready for its first thinning in the next decade. This acreage has frontage on Patterson rd along with a wellsite on the west side. The remainder of the acreage is covered by very nice hardwoods and has been properly managed throughout the past decades. The recent ice storm damaged a portion of the hardwoods, but we removed those trees this winter. There is great potential for the remaining hardwood timber. The red pine was not damaged badly as it was young and flexible. There is a great building site cleared midway through the hardwoods with an existing decent quality road serving that opening. Site is a couple acres in size. This parcel will have a valuable hardwood harvest along with the first thinning of red pine within the next decade with a value of at least $50K at today’s market. Priced at $599K terms of 5% down L/C terms 9% 10-15 years. Parcel# 05-13-014-001-00, 05-13-014-002-11 This parcel is 40 acres in size and is found on the Southwest corner of Patterson Rd and Tunnel Road. This has young plantation red pine bordering the west and south sides. This provides privacy along with a great wind break. The back portion is hardwoods that was damaged by the recent ice storm and those trees have been recently harvested. Property is relatively flat with a small uphill grade as it meets Patterson rd. Priced at $200K. Easy L/C terms of 5% down 9% interest rate 10-15 yr terms. Parcel # 05-13-012-008-00 This parcel is 38 acres on the northwest corner off Patterson and Gates roads. This does not include the farmhouse on the northwest corner. This acreage has been planted to red pine after a harvest 4 years ago. Generally, the first thinning on a red pine stand is 35- 40 years. This site would be easily cleared now as the stumps have deteriorated nicely or split into 4 parcels that would all have easy access frontage along Patterson Road. Priced at $159K Easy L/C Terms 5% down 9% interest with 10-15 yr term payoff. Parcel # 05-13-014-004