SALTCO Timberlands

THE OFFERING American Forest Management, Inc. (AFM) has been retained by the South Alabama Land and Timber Company (SALTCO) to solicit sealed bids for approximately 40,546± acres of land and timber known as the SALTCO Timberlands. The timberlands are located in Choctaw (29,996± acres), Washington (10,404± acres) Counties, Alabama and Clarke (146± acres) County, Mississippi. The property is being offered for sale as one package in its entirety through a lump sum single-stage bid sale event. Offers will not be considered for individual tracts.

The timberlands are located in southwest Alabama which is an attractive area to own and manage timberland due to the region’s productive soils and well-developed timber markets. Although the pine sawtimber markets have historically defined the region, the pulp markets are equally as impressive, allowing for the production and marketing of a wide variety of forest products.

COVER TYPES Eighty percent (80%) of the acreage is currently classified as suitable for pine plantation management, while the balance of the acreage is in hardwood bottomlands and non-forested area

31,084± acres of pine plantations
868± acres of recent pine cutover
629± acres of natural pine/hardwood
7,142± acres of hardwood
823± acres of non-forest land

DATA ROOM and TIMELINE AFM has set up an electronic data room containing information for prospective purchasers to use as they evaluate the offering. All prospective purchasers who execute a Confidentiality Agreement (CA) are invited to participate in the process and will be granted access to the data room.

January 23, 2019 - Data Room opens.
January 24 - March 12, 2019 - Buyers may inspect the property or request property tours.
March 13, 2019 - Bids and marked up copy of Seller's Purchase and Sale Agreement are due.
April 24, 2019 - Closing is scheduled for this day or can be sooner upon request of the successful bidder.

CONTACT INFORMATION
Confidentiality Agreements should be returned to Tom Margo. Sale Specific questions should be directed to Chuck Mathis:

Chuck Mathis
Gulf Coast Region Manager
Licensed in Alabama and Mississippi
Real Estate Broker
American Forest Management, Inc.
4962 Old Spanish Trail
P.O. Box 699
O: (850) 526-5110
C: (850) 258-1605
E: [email protected]

Tom Margo
Director of Investment and Real Estate Services
Licensed Alabama Sales Agent
American Forest Management, Inc.
8702 Red Oak Blvd., Suite C
Charlotte, NC 28217
O: (704) 527-6780, Ext. 314
C: (478) 232-8833
E: [email protected]

BROKER PARTICIPATION
No brokerage commission, finder’s fee or referral arrangements will be
paid to any outside broker by the seller, AFM as a result of this
transaction.

Property Documents

Confidentiality Agreement

Property Prospectus

Location Map

All information is assumed to be accurate and substantially correct but no assumptions of liability are intended. Neither the seller nor the agent or representatives warrant the completeness or accuracy of the information. Seller does not guarantee timber volumes, values, acreages (total, woodland/cropland, stand or otherwise), tree ages or the condition and/or function of any improvements, including but not limited to all buildings, machinery, appliances, wells, equipment, livestock and ponds. No representations or warranties are expressed or implied as to the property, its condition, boundaries or logging feasibility. Prospective buyers should satisfy themselves as to the accuracy of this information.