Developer is offering 800 acres in a portfolio sale with 600 acres already sold to third-party buyers under seasoned contracts producing $2,583 per month income ($30,996 annually) for approx. 13 years. The remaining 200 acres has been surveyed and subdivided with recorded maps; One (1) parcel is 80 acres in Humboldt County, and three (3) parcels are 40 acres each in Pershing County. The purchase price includes not only the 200 acres but also 600 acres sold via seasoned contracts to 3rd party buyers worth $304,834. With a purchase price of $280,500 this equates to a 11% return on investment. The total approximate income over the life of the contracts would be $402,948. The remaining 200 acres that are not under contract, consist of one (1)
Pete Nevin Far West R&C Sales/Mgt Co.