Forest in the Foothills.Pub
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FOREST IN THE FOOTHILLS A scenic property featuring pine plantations, with beautiful hardwood stands offering excellent hunting and recreational opportunities, and located just 1 mile from US Highway 441 between Homer and Cornelia, Georgia. ±210.22 Acres Banks County, Georgia Price: $441,462 Fountains Land, an F&W company, P O Box 3610 Albany, GA 31707-3610 Contact: George Peake ~ [email protected] ~ O: 229-883-0505 ~ C: 478-972-2971 fountainsland.com PROPERTY OVERVIEW Forest in the Foothills is a timberland property ideally suited to the buyer seeking diversified uses with attributes that include: Multiple-aged planted loblolly pine along with natural hardwood areas Rolling terrain with well-drained soils Multiple potential pond sites Outstanding hunting opportunity with abundant deer and turkey Close proximity to Interstate 85, Athens and Atlanta Opportunity for private home site development LOCATION Planted pine on sloping hillside The property is located ten minutes from Homer, forty-five minutes from Athens, and just one hour from north Atlanta, “From the foothills to the crossroads” making access to necessities and amenities easy and convenient. The property is surrounded by primarily timber tracts, with mini-farms and rural homesteads interspersed. Homer is the county seat of Banks County. The motto of Banks County, “From the foothills to the crossroads”, suits this area so well. It has the beauty and majesty of its proximity to the ancient, weathered crags of the Appalachian Mountains, yet is within a short drive of Athens, the home of the University of Georgia, or the exciting city of Atlanta. A short drive in the opposite direction delivers you to beautiful Lake Hartwell, and all the recreational possibilities it holds. This area truly is a crossroads for Georgia. Good internal roads Fountains Land — Specializing in the sale of forestland and rural estates. ACCESS The property can be accessed from US Highway 441 via Samples Scales Road, then Peyton Road, which provides extensive frontage on the east side of the property. There are two main entrances to the property from Peyton Road. Peyton Road is a county-maintained, gravel road, which also provides access to several homes and farms that border the property. The internal road system is good and allows access to most parts of the property, although a creek and a hardwood area require some road construction to allow for full access. DESCRIPTION The topography is typical for this part of Georgia, being in the foothills of the Hardwood stands providing wildlife cover Appalachian Mountain Range. Across the property, topography varies from almost level to steep hills here and there. All of the upland areas are planted in high-quality loblolly pine. Of these 135 acres, approximately 35 acres are in 35-year-old pine of sawtimber quality. The remaining acres are 2- year-old planted pine and seem to be of good quality and stem counts. All of the remaining acreage is in mature hardwood species that are typical for the area. The surrounding properties are diverse, with similar timber lands, small homesteads, and cattle farms. The area is desirable to those who wish to be close to developed cities such as Commerce, Athens, and Young planted pine on rolling terrain Atlanta; yet live, or recreate in a rural setting. Being only one mile from multi-lane Highway 441 provides quick and easy access to and from Interstate 85 at the Commerce/Athens exit. Fountains Land — Specializing in the sale of forestland and rural estates. TIMBER There are 35 acres of planted pine that are 35 years old. It appears they have had two prior harvests, or thinnings, with the latest occurring prior to 2009. These acres are ready to be harvested at any time, according to a purchaser’s preference and the condition of the timber market. The 100 acres of 2-year-old pine will be ready for a first harvest in approximately 14 years. For the investor looking for a well- managed forestland property that will provide income potential in both the long run and the short term, the property would fit very neatly into those goals. There is also significant tonnage in the 75 Scenic views of the Appalachian foothills acres of hardwood bottomland. Estimates of volume are included in the table below. Timber Tons Pine Pulpwood 459.8 Pine Chip-N-Saw 54.4 Pine Sawtimber 1,607.7 Hardwood Pulpwood 2,623.4 Hardwood Sawtimber 630.5 The numbers included in this report are taken from a third party’s 2017 inventory report for management purposes only. Prospective purchasers are encouraged to perform their own due diligence to verify these timber numbers. TAXES & TITLE Good stand of planted pine The property has been enrolled in the 10-year conservation use valuation covenant with Banks County Tax Assessors since 2012, and the estimated annual ad valorem taxes under this covenant are $1,354.46 The property is owned by MKFT Timberland, LLC, whose deed is recorded in the Banks County courthouse in deed book 367 on page 60. Fountains Land is the exclusive broker representing the seller's interest in the marketing, negotiating and sale of this property. Fountains has an ethical and legal obligation to show honesty and fairness to the buyer. The buyer may retain brokers to represent their interests. All measurements are given as a guide, and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission, or misstatement in these particulars, nor do they constitute an offer or a contract. We do not make or give, whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to the property. 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