November 6, 2023
(press release)
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TRI-STATE TIMBERLANDS DATAROOM OPENS NOVEMBER 8, 2023 THE OFFERING The Alabama Package is located in Baldwin, Conecuh, Elmore, Escambia, Monroe, and Wilcox Counties, Alabama, totaling ±9,247 gross acres. Located within the deep southwest Alabama wood basket, this package provides opportunities for immediate harvests and long-term timber cash flow. Alternative revenue streams on the package are available through the strong recreational and retail real estate markets in the region. Chris.Singleton@afmforest.com Chuck Mathis, Gulf Region Mgr. Chris Manus
±18,181 gross acres located in Alabama, Mississippi and North Carolina
BIDS DUE JANUARY 17, 2024
AFMRE is pleased to present the Tri-States Timberlands offering, totaling 18,181 gross acres in three packages across Alabama, Mississippi, and North Carolina. Tri-States Timberlands spans several wood baskets, creating the opportunity for timber sales into multiple markets, while strong demand for recreational hunting leases and retail tract sales across the southeast create opportunities for supplemental revenue.
The Mississippi Package is located in Attala, Carroll, Clarke, Lauderdale, Leake, Neshoba, Oktibbeha, Scott, and Winston Counties, Mississippi, totaling ±7,584 gross acres. Stretching from south of Meridian on the Alabama line northwest to roughly 10 miles south of Grenada in the north central part of the state, this well-stocked package will bring diverse income streams from timber, recreation, and real estate.
The North Carolina Package is located in Duplin, Greene, Pender, Richmond, Robeson, and Sampson Counties, North Carolina, totaling ±1,350 gross acres. The tracts in this package offer appealing HBU opportunities with excellent near and mid-term timber and hunting lease cash flow.
Tri-States Timberlands is being offered for sale via a single-stage, public bid process. Potential buyers may bid on any or all of the state-specific packages. Individual packages may not be further divided and offers will not be considered for individual blocks or parcels.
DATA ROOM
AFMRE manages an electronic data room containing information for interested parties to use as they evaluate the property. All prospective buyers who execute a Confidentiality Agreement (CA) will be granted access to the data room. Click here to download the CA. The data room opens on November 8, 2023. Please return signed CAs to Chris.Singleton@afmforest.com
For more information, please contact:
Chris Singleton, MAI, CCIM
Manager, Disposition Services
AFM Real Estate
C 803.491.4192
Alabama & Mississippi Broker
AFM Real Estate
C 850.258.1605
Chuck.Mathis@afmforest.com
Mid-Atlantic Region Manager
North Carolina Broker
AFM Real Estate
C 704.301.0255
Chris.Manus@afmforest.com
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