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Income Producing Northern Nevada Land
Developer is offering 680 acres in a portfolio sale with 480 acres already sold to third-party buyers under seasoned contracts producing $2,150 per month income ($25,800 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 $233,488 worth of seasoned contracts on the 480 acres sold to 3rd parties. The total approximate income over the life of the contracts is $335,400.
The remaining 200 acres that are not under contract, consist of one (1) 80 acre parcel located approximately an hour northwest of Winnemucca in Humboldt C
Pete Nevin
Far West R&C Sales/Mgt Co.