0 Towne Hollow Rd, Lochgelly, WV 25866

OVERVIEW North Hills 290 is a 290 +/- acre multi-use, timber investment, recreational, and residential property located in the heart of the New River Gorge National Park and Preserve's recreation mecca. North Hills 290 sprawls across a mountain covered in timber. Miles of internal trails provide access to nearly every corner of the property Owning a mountain represents an opportunity to create a classic family ownership legacy for the next tenure. Onsite recreation includes ATV riding, hiking, hunting, wildlife viewing, and star gazing. HIGHLIGHTS *290 +- acres multi-use property *Miles of trails wind throughout the forest providing a wide range of recreational pursuits *Minutes to Walmart, Lowes, restaurants, and city amenities *In the heart of the New River Gorge National Park and Preserve recreation mecca *The sprawling mountain forest is managed to sustain a thriving wildlife population *The sustainable forest has been managed by a professional forester for many years *Diverse and abundant residential wildlife population *Four season climate *Near total darkness and minimal noise pollution *Cultural & educational opportunities throughout the region *Shooting sports, ATV- horseback riding, hiking, camping, hunting, nature viewing *Suitable for residential or cabin development *Elevations range from 2011 ft. to 2517 *Low taxes, low population density *Easy access to interstates north, south, east, and west *Jet airports - Charleston, Beckley, and Lewisburg *An opportunity to create a classic family ownership legacy for the next tenure LOCATION Google Coordinates: 38.014971°(N), -81.149232°(W) Address: Towne Hollow Road, Lochgelly, WV 25866. A 911 address has not yet been assigned. Elevation Range: 2011 ft. to 2517 ft. +/- FOREST/TIMBER RESOURCES A professional forester has managed the property for many years. Management goals include timber, wildlife, recreation, and water. About twenty years ago, the forester prepared a timber harvest plan that included thinning the larger trees, allowing the residual trees a chance to become healthier and grow faster. The selective thinning created stands of differing age classes. The predominant timber stand consists of trees aged between 30 and 140 years, with diameters ranging in size of 10 to 30 inches at breast height (dbh). The abundant timber resource is well positioned for value appreciation over the coming decades. With an attractive species mix, adequate stocking levels, and favorable diameter class distribution, the timber amenity represents a strong component of value to the investor. The forest resource is rich in quality Appalachian hardwoods. This timber resource offers a great deal of flexibility to the next ownership in terms of potential harvest revenue that could be leveraged to offset holding costs and contribute to long-term asset appreciation. The capital timber value of the timber and pulpwood has not been determined at this time. The forest's predominately well-drained upland terrain has led to a resource dominated by hardwood species. Overall, the species composition is highly desirable and favors Appalachian hardwood types, consisting primarily of Black Walnut, Sugar Maple, Poplar/Basswood, Red Oak Group, White Oak/Chestnut Oak, Soft Maple, Hickory, Black Cherry, and a host of associated species (Birch, Sourwood, Black Gum, and Beech), enhancing the forest's overall appeal and value. Forest-wide, most stands are well stocked, offering the next ownership great flexibility in shaping their own silvicultural legacy. Stem quality forest-wide can be considered good. Diameters are well represented across the commercial spectrum, with a notable mature size class, abundant pole-size timber, and growing stock. Several "Heritage Trees" are scattered throughout the forest and old field edges. These ancient trees, some of which are 200-300 years old, have withstood the test of time, weathering ice, wind, lightning strikes, and fire.