LandVest, in association with Remax Professionals Saint John, is pleased to bring to market Miramichi Timberlands on behalf of Fornebu Lumber Company Inc. This timberland investment opportunity comprises approximately 16,000± hectares of freehold timberland located substantially within the Miramichi River Watershed and predominately in Northumberland County in northeastern New Brunswick. Spruce/fir forest types dominate the resource with areas of planted softwood and intolerant hardwoods benefiting from a long history of sustainable industrial management. The forest maintains a balance of age-class distribution positioned to provide relatively steady harvest volumes year after year.
Included in this sale package is the well-appointed 5,180-square-foot Mill Stream Lodge on the Northwest Miramichi River. This investment is poised to provide ongoing cash flow from forest product removals and annual biological growth with the flexibility of retail sales opportunities. With a strong US dollar in place against the weaker Canadian dollar, this investment could result in a strong currency exchange.
The property is being offered in a wholesale configuration by sealed bid due on November 15, 2018. A data room containing more detailed property information is now open. To access the data room, please execute a confidentiality agreement, found in the “Property Documents” tab above.
In Association with Remax Professions Saint John
Brian Belyea, Project Broker
506-634-8200 or bbelyea@remax-sjnb.com
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