MLS# 21216746. The two homes closest to the road rent for $1100 and $1200 per month, market rent is $1500. The main home rented for $2k as is and a little work could increase that. There's a nice barn and quite a few outbuildings, all the land is usable, the well is good, the pest report is available and the 3 septic systems are scheduled to be pumped and inspected within the week. This is a working property, suitable for orchard crops, vines, row crops, horses,sheep, cattle or a combination. An average operator could make this place pay for itself and a little more at 10% down and have decent cash flow at 20% down.A good operator would do better. Places like this make it or not based on management. I rate this a solid buy.
MLS# 21216746. The two homes closest to the road rent for $1100 and $1200 per month, market rent is $1500. The main home rented for $2k as is and a little work could increase that. There's a nice barn and quite a few outbuildings, all the land is usable, the well is good, the pest report is available and the 3 septic systems are scheduled to be pumped and inspected within the week. This is a working property, suitable for orchard crops, vines, row crops, horses,sheep, cattle or a combination. An average operator could make this place pay for itself and a little more at 10% down and have decent cash flow at 20% down.A good operator would do better. Places like this make it or not based on management. I rate this a solid buy.