$450,000
( )
 $2,416 forsale estimated payment Sourced by Back At You

Tehachapi Willow Springs Road , Rosamond, CA 93560

Rosamond, CA 93560

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Description

160 acres generating wind turbine income, with more than 10 years of historical payments that have been much greater than the minimum annual guarantee of $40,000. Lease was recently extended until 2059 with a 20% increase in production rate beginning January 2025. Annual production rate to increase 1% annually beginning January 2028. Located in the hills between Rosamond and Tehachapi, these parcels, which include two APN numbers of 80 acres each, add to the value of the steady income. Appraisals are in at a much greater value than the list price. Serious buyers will be furnished lease information, royalty reports and payment history. APN numbers are 476-051-06 and 476-051-07

Details

Mls24008709
Listing TypeFor Lease
StatusActive
Year0
Days On Site14
Listing Provided ByBerkshire Hathaway HomeServices Troth, REALTORS | Joy Colovin

Features

Acreage160.00

Market Activity 93560

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the The Greater Antelope Valley Association of REALTORS®.

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Listings Checked: 6 minutes ago
StateCA
CountyKern
CityRosamond
Zip Code93560
Area16 Rosamond to Backus
Listing VS Median (in 93560)
Price:
$450,000
low | high
Med:
$99,750
100% of Average
On Site:
14
low | high
Med:
54.500000
25.688073394495% of Average
Sourced by Back At You
Listing Updated: November 23, 2024 at 11:52:26 AM PST