Vulcan Timberlands
Houghton and Ontonagon Counties, in Michigan’s Upper Peninsula
Package Description
Data Room opens on August 30, 2019
Bids due October 11, 2019
THE OFFERING
American Forest Management, Inc. (AFM) has been retained to solicit sealed bids for 14,306± gross GIS acres of land and timber located in Houghton and Ontonagon Counties, in Michigan’s Upper Peninsula. This high-quality property will be offered for sale in its entirety as a lump sum, single-phase, sealed bid event. Offers will not be considered for individual tracts.
THE PROPERTY Vulcan is located about 25 miles south of Houghton in the area of Twin Lakes. This property is known to be a well-managed, high quality Sugar Maple forest. The Upper Great Lakes Region has numerous markets for many forest products, and Vulcan is well-positioned to take advantage of these markets. The property has a improved road system throughout, allowing for both summer and winter harvesting with little immediate investment. The productive acres of the property are better than average with less than 1% being non-forested.
DATA ROOM
AFM has set up an electronic data room containing information for bidders to use as they evaluate the property. Access to the data room will be permitted only to prospective bidders who have executed a Non-Disclosure Agreement (NDA) as approved by AFM. The data room will be accessible to such prospective bidders starting on August 30, 2019.
OFFERING PROCESS Vulcan is being presented for sale in its entirety, as a single stage, lump sum sealed bid event, with no further option to subdivide. Prospective bidders are invited to participate in the process upon execution of the NDA. Final bids will be due October 11, 2019.
BROKER PARTICIPATION No brokerage commission, finder’s fee or referral arrangements will be paid to any outside broker by the seller or AFM as a result of this transaction.
CONTACT INFORMATION
Non-Disclosure Agreements should be returned to Trina Anderson. Questions should be directed to:
Trina Anderson
Broker in Charge, Michigan Region American Forest Management, Inc. 850 W Sharon Avenue, Suite 2 Houghton, MI 49931 O: (906) 523-2124 C: (906) 369-1493 E: trina.anderson@afmforest.com
Eric Stier
Lake States Region Manager American Forest Management, Inc. 850 W Sharon Avenue, Suite 2 Houghton, MI 49931 O: (906) 523-9693 C: (906) 369-4772 E: eric.stier@afmforest.com
Interested?
Request Access
Vulcan Timberlands
Houghton and Ontonagon Counties, in Michigan’s Upper Peninsula
Interested?
Request Access
Package Description
Data Room opens on August 30, 2019
Bids due October 11, 2019
THE OFFERING
American Forest Management, Inc. (AFM) has been retained to solicit sealed bids for 14,306± gross GIS acres of land and timber located in Houghton and Ontonagon Counties, in Michigan’s Upper Peninsula. This high-quality property will be offered for sale in its entirety as a lump sum, single-phase, sealed bid event. Offers will not be considered for individual tracts.
THE PROPERTY Vulcan is located about 25 miles south of Houghton in the area of Twin Lakes. This property is known to be a well-managed, high quality Sugar Maple forest. The Upper Great Lakes Region has numerous markets for many forest products, and Vulcan is well-positioned to take advantage of these markets. The property has a improved road system throughout, allowing for both summer and winter harvesting with little immediate investment. The productive acres of the property are better than average with less than 1% being non-forested.
DATA ROOM
AFM has set up an electronic data room containing information for bidders to use as they evaluate the property. Access to the data room will be permitted only to prospective bidders who have executed a Non-Disclosure Agreement (NDA) as approved by AFM. The data room will be accessible to such prospective bidders starting on August 30, 2019.
OFFERING PROCESS Vulcan is being presented for sale in its entirety, as a single stage, lump sum sealed bid event, with no further option to subdivide. Prospective bidders are invited to participate in the process upon execution of the NDA. Final bids will be due October 11, 2019.
BROKER PARTICIPATION No brokerage commission, finder’s fee or referral arrangements will be paid to any outside broker by the seller or AFM as a result of this transaction.
CONTACT INFORMATION
Non-Disclosure Agreements should be returned to Trina Anderson. Questions should be directed to:
Trina Anderson
Broker in Charge, Michigan Region American Forest Management, Inc. 850 W Sharon Avenue, Suite 2 Houghton, MI 49931 O: (906) 523-2124 C: (906) 369-1493 E: trina.anderson@afmforest.com
Eric Stier
Lake States Region Manager American Forest Management, Inc. 850 W Sharon Avenue, Suite 2 Houghton, MI 49931 O: (906) 523-9693 C: (906) 369-4772 E: eric.stier@afmforest.com
