AFM Real Estate is marketing Tigercat Timberlands, comprising some 17,222 acres in Louisiana and Alabama; 9,876-acre Leesville management unit in Louisiana is 78% convertible to pine plantations, 7,346-acre Redstone unit in Alabama is 79% convertible

Sample article from our Forestry & Timberland

CHARLOTTE, North Carolina , July 7, 2022 (press release) –


TIGERCAT TIMBERLANDS
±17,222 Gross Acres in Louisiana and Alabama


Dataroom opens July 12, 2022
Bids are due September 1, 2022

THE OFFERING
AFM Real Estate (AFMRE) is pleased to present the Tigercat Timberlands offering. Consisting of two management units across four counties in central Alabama and five parishes in western Louisiana, the Timberlands offers geographic diversity within the same investment opportunity as well as immediate and long-term timber and real estate cash flow potential in two very deep wood baskets. 

Tigercat Timberlands is being offered for sale via a single-stage, closed bid process. Potential buyers may bid on one or both of the management units. Individual units may not be further divided and offers will not be considered for individual blocks or parcels.  


Leesville Management Unit
The ±9,876 acre Leesville MU, located in Allen, Beauregard, Natchitoches, Sabine, and Vernon Parishes, Louisiana, is seventy-eight percent convertible to pine plantations, with a diverse age class distribution of loblolly and slash pine growing on lower coastal plain soils with an average overall site index of 71 feet (base age 25). The ±4,766 net acres of merchantable pine plantations carry approximately 78 tons per acre and provide opportunities for immediate harvest activity, while the ±2,291 net acres of premerchantable pine plantations ensure continuous long-term cash flow. 

Redstone Management Unit
The ±7,346 acre Redstone MU, located in Chilton, Clay, Shelby, and Tallapoosa Counties, Alabama, is seventy-nine percent convertible to pine plantations, with a diverse age class distribution of loblolly pine growing on upper coastal plain soils with an average overall site index of 75 feet (base age 25). The ±3,571 net acres of merchantable pine plantations carry approximately 87 tons per acre, providing immediate returns from timber harvests, while the ±1,559 net acres of premerchantable pine plantations ensure long-term cash flow opportunities. 


DATA ROOM
AFMRE is managing an electronic data room containing information for interested parties to use as they evaluate the properties. All prospective buyers who execute a Confidentiality Agreement (CA) will be granted access to the data room.
 
To download the CA, Click here. Send all executed CAs to Chris Singleton: Chris.Singleton@afmforest.com

For information related to this offering, please contact:    
CONTACT INFORMATION
For data room access or questions regarding the property please contact: 
Eric Gage
Louisiana Broker
AFM Real Estate
C  936.676.7034
Eric.Gage@afmforest.com 


Stephen Burdette
Alabama Qualifying Broker
AFM Real Estate
C  334.850.4219
GStephen.Burdette@afmforest.com 
 

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