Dairy Hill Road , Salisbury, NY 13454(Herkimer County)

The terrain on Spruce Creek Forest is gently rolling and well-suited to growing timber and supporting mechanical harvesting operations. The elevation range is narrow with a low point of 1,380 above sea level (ASL) and a height of land at 1,660 ASL. Much of the lands flat terrain flanks Spruce Creek and this is where the majority of the softwood timber is found. Fountains has calculated a property-wide Capital Timber Value (CTV) of $2,659,100 ($785/total acre). Hardwoods hold 69% of total volume, of which there is a considerable black cherry component. Softwood species are hemlock and spruce/fir, which largely occur adjacent to Spruce Creek, Huckleberry Swamp, and various other smaller wetlands. Much of the basal area sits in the sawtimber size class with minimal sapling stocking. As such, the dense forest canopy is largely occupied by pole and sawtimber stems. The inherent species mix and proximity to US and Canadian forest products processing manufacturers offers the investor diversification to both markets and species composition, providing a measure of portfolio balance from a single forest property.