13.01% undivided interest (app. 20.9315 acres) in 2 vegetable/crop farm parcels that total appx. 160 acres. Land is currently leased with an approximate 4.5% return on investment. Great opportunity for long term cash flow with little risk. Prime Blanco farmland; some of the most fertile in the Salinas Valley which commands some of the best rental prices. This sale is for a tenants in common interest of income producing land. Buyer cannot split off property or direct whom the land is leased too but as this is a very desirable ranch income rates are high.
|Price Reduced (from $1,570,000)||$1,499,000||$71,000 (4.52%)|
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