Posted: Thursday, October 21, 2010 11:00 AM
The Oregon Department of State Lands will be selling eight tracts of timberland at auction next month.
The properties vary in size from 39 acres to 311 acres, with minimum bids ranging from $67,500 to $1.5 million. Seven of the parcels are in Lincoln County and one is in Benton County.
The state has designated the tracts as "non-strategic" because they're relatively small, scattered and therefore difficult to manage efficiently, said John Rosenthal, president of Realty Marketing Northwest, the company conducting the auctions.
Money from the auctions, which will take place between Nov. 13 and 17, benefits Oregon's Common School Fund.