LandVest is pleased to present Chadbourne Tree Farm properties to the market. Chadbourne Tree Farms, LLC (CTF) is a family-held multigenerational timberland ownership located in western Maine offering an exceedingly rich investment opportunity. The ownership features an exceptional white pine timber resource and a wealth of development and conservation opportunities. This 17,017± acre portfolio of 55 non-contiguous, uneased tracts represents Chadbourne’s long-term procurement and management strategy to source the family’s sawmill with large-diameter, high-quality white pine. The land benefits from decades of sound forest management strategies focused on the production of pine sawtimber and employing intensive silvicultural practices such as planting, pre-commercial thinning, and pruning, coupled with low-impact commercial treatments. The resulting forest is composed of 43% white pine with 59 MMBF of pine sawtimber. Total stocking is an estimated 93.5 MMBF and 143 M cords, or 6.1 MBF and 9.3 cords per acre.
In addition to its significant timber resource, CTF offers a wide range of complementary use and value opportunities including residential, recreational, and commercial development, retail parcel sales, and conservation options. Proximity to Sunday River and Mount Abram Ski Resorts, 22± miles of paved road frontage, 28± miles of river frontage, and quality sites contribute to the numerous favorable development opportunities. Numerous sand and gravel resources are available across the property. Good flexibility paired with superior quality land and timber assets create one of the most exceptional timberland investment opportunities to come to market in the Northeast in recent years.
The property is being offered in its entirety and in eleven individual sale packages ranging in size from 353-5,794± acres. The sale will be conducted as a single-stage bid event with bids due Thursday, October 17th, 2019. Detailed information will be available to interested buyers in a data room. To request access to the data room, please submit a Non-Disclosure Agreement, found under the "Property Documents" tab below.
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