Property Description
divLeasehold Interest for sale/divdivbr/divdivAssumable loan of $500,000 @ 3.75%/divdivbr/divdivspan style=font-size: 10pt;Plentiful Water (Full allocation)/spanbr/divdivspan style=font-size: 10pt;br/span/divdivspan style=font-size: 10pt;Nice Shop/span/divdivbr/div120 Ac. - Nut Orchard Leasehold Sale - $2,600,000divbr/divdivAlmonds: 80 ac (22 x 14 spacing) - Varieties: Nonpareil/Monterey on Hansen Rootstock - 2016 planting/divdivbr/divdivPistachios: 40 ac - Golden Hills Variety - 2016 planting/divdivbr/divdivdivbr/divdiv-Irrigation Water - Consistent, reliable water source. No water allocation limits or drought restrictions in place./divdiv- Water cost: $145 per AF/divdiv-Drip Irrigation (Double Line)/divdiv-Single 65 hp lift pump to move water from district ditch into filter station/divdiv-VFD/divdivbr/divdivLease Terms:/divdiv-10% of crop annually paid to owner/lessor plus property taxes./divdiv-Almonds - up to Year 2045 - Possible to extend./divdivbr/divdivbr/divdivspan style=font-size: 10pt;=Buyer is purchasing:/spanbr/divdiv-Trees, irrigation system, and exclusive use land./divdiv-A farming business that is currently generating revenues./divdivspan style=font-size: 10pt;=-Right to farm land for duration of lease term./span/divdiv-First right of refusal to purchase 120 acres of real estate (farm land), when current land-owners or next generation decide to sell./divdivbr/divdivBuyer is not purchasing the land, but could possibly have the option to do so in the future./divdivbr/divdivJames Irrigation District/divdivThe District obtains water from multiple sources. These sources include the Delta-Mendota Canal, the Kings River, the San Joaquin River, and groundwater extracted through District-owned wells.br/divdivbr/divdivAttention should be given to studying the district and its historical supply of irrigation water and its multiple wells. No water allocation limits. Water is $145/AF regardless of volume usage./div/div