Rare opportunity! 97 acres with operating lumber mill generating $17,500/mo lease income (written lease with escalation clause). Home rental income of $2000/mo plus income from Christmas tree land lease: 100,000+/- trees at $1.00 per tree when trees are sold. Projected cap rates of 3.66% - 6.82%. Upscale custom home with masonry fireplaces & extensive use of natural wood. Cultivated land with jory soil, pond & timber. 40+/- min to PDX.
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Listing information last updated on February 19th, 2018 at 5:39am PST.