47411 Cottonwood Road
Newberry Springs, CA 92365
2055 sqft | 4 beds | 3 baths | 56.86 acres | #ML81933585
Description
Here is your opportunity to invest in a producing Kerman Pistachio Farm with a 4/3 2000+/- sq. ft ranch house and RV pad on 56 +/- acres in Newberry Springs, CA of San Bernardino. This farm has over 3500 7 years young, producing Kerman Pistachio trees on 40 acres of Cajon Loamy Sand 7e soil. The trees have a long life ahead of them and the production is a cap rate of approx. 7%. The remaining acreage is ready for your expansion and includes a 4 bed 3 bath 2000+/- sq. ft. home, RV pad, and 2500 +/- sq. ft. storage building. The site has a gated entry and perimeter fencing. The well has good production with 3 phase power. Rent out the Ranch house and your cap rate can exceed 8%.
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Danielle Davenport (#ML5079234)
Listing Office: KW Bay Area Estates (#ML89184)
Listing Courtesy (Buyer)
Buyer's Agent: RECIP (#ML162223)
