Late Addition
Spring 2010 Real Estate Auction
  Three Timberland Tracts
Overlooking Bellingham Bay
and Samish River Valley
Whatcom County, Washington
Reserve Prices Start at Less Than $1,200 Per Acre!
Tracts Range from 453± to 784± Acres
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Auction Property #143 - Lookout Mountain South, 784± Acres. Reserve Price $940,000 2.6± million board feet of primarily alder, cedar and Douglas fir with 77% of tract having 6-15± year old well-stocked Douglas fir reproduction
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Auction Property #145 - Wickersham, 453± Acres. Reserve Price $925,000 990± MBF of primarily Douglas fir with 309± acres of well-stocked 16-20± year old reproduction and Samish River frontage, with potential homesites
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Auction Property #144 - Lookout Mountain North, 667± Acres. Reserve Price $850,000 2.2± million board feet of primarily alder with 74% of tract having 6-15± year old well-stocked Douglas fir reproduction
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AUCTION PROPERTY LOCATION MAP
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Estimated 5.9 million board feet of primarily Douglas fir,
red alder with some hemlock and cedar, providing near-term cash flow
75% of portfolio is well-stocked young reproduction, providing long-term asset growth
Excellent access to I-5 and Puget Sound log markets
Samish River frontage and homesite potential

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Location Map of Puget Sound Mills and Export Facilities
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Auction Property #145 - 453± Acre Wickersham tract has Samish River frontage and homesite potential, along Innis Creek Road

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Supplemental Information Package with Bid Documents and Auction Terms and Conditions is available for each property, in CD or hard copy format, by calling the Auction Information Office at 1-800-845-3524.

Access, directions and gate combinations Timber inventory by species and volume, type and topography maps with ortho photos Age class distribution and site class by acres Zoning Leases Preliminary Title Report Bid Form and Purchase and Sale Agreement


Sealed Bids Due June 4, 2010
Broker Cooperation Invited
CALL 1-800-845-3524 for Supplemental Information Packages
with Bid Documents
#1002-143, 144, 145