Developer is offering 800 acres in a portfolio sale with 520 acres already sold to third-party buyers under seasoned contracts producing $2,208 per month income ($26,496 annually) for approx. 13 years. The remaining 280 acres has been surveyed and subdivided with recorded maps; One (1) parcel is 80 acres, and five(5) parcels are 40 acres each. The purchase price includes not only the 280 acres but also 520 acres sold via seasoned contracts to 3rd party buyers worth $215,334. These contracts produce an income of $2,208 per month with a cash flow of $26,496 annually. With a purchase price of $265,000 this equates to a 10% return on investment. The total approximate income over the life of the contracts would be $344,448. The remaining 2
Pete Nevin Far West R&C Sales/Mgt Co.