If you are interested in 1 parcel; then minimum 40% down....carry balance @8% simple interest/15 years. or or make an offer along that line. Parcel Info # acres 1 43.21 no crops 2 49.50 5-15 acres in production 3 45.80 30-35 acres in production 4 40.00 100% in production 5 42.56 100% in production 6 40.00 100% in production Highest value is developing it into another Use. 279 ACRES of R1-40 on EXISTING FARM. DISCOUNT $280,000 IF buying without 6 unit subdivision. Existing Profits with Farming Use for last 5 years $20-45k/yr net net net. Willing to sell all or part of either property. Or develop into a ranch for horses that incorporates pet therapy for the families, the kids and the adults. The back 100 acres of are excellent for raising beef, horses, bio-diesel camolina, or some other type of "desert crop".
Water shares sell for $5-20k each; Water shares can be bought & sold separate from the property! Gravity/canal watering NO PUMPING cost! Tentative approval for 30-300 lots/golf course Subdivided into (6) R1-40; 40+acre parcels In path of future residential development 280 acres 184 water shares All utilities/natural gas to South & East side of property 3/4 miles West of city limits; Adjacent road is major avenue out of town. 1-2 miles to Hospital & Doctors offices. Value of land is in future development. 5-10 miles further outside of town famers are off the power and utility grids. Parcels 4, 5 and 6 were recently renovated, therefore the alfalfa crop is good for next 4-7 years. Alfalfa needs periodic "renovation" every 7 years: dig out the old plants, they are perennial, and plant a new crop that will last for the next seven years. Renovation occured on a rotation basis - one parcel per year was renovated.
Taxes and water cost less than $6k/yr. Profits from last 5 years $20-45k/yr net net net. Email: VidProp@gmail.com |