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Tuesday, July 19, 2011
Sunday, July 17, 2011
Ranch for Sale With Interesting Income Producing Opportunities In Place - Redlands, California
28442 San Timoteo Canyon Road, Redlands, California 92373
17.5 acre property operating as Circle P Ranch. Property has numerous income producing sources in place:
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* A.M. radio ransmitter with a 35 year lease available, rent increases negotiable after 5 years
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* 80’ cell tower pays lease income of $1,500, leased for 25 years with 3% increase per year
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* Children’s organizations regularly bring children out to see the petting zoo and arena events
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* Horse stable facilities that can accommodate up to 40 horses. Have 27 leased now.
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* Outbuilding leased to a saddle maker - more can be added
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* Lighted arena with computerized clock and gate for herding events
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Orchard enables farming rights for property with P1 electric rates and tax benefits - Meyer Lemons and
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pomegranates being grown now
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Has well water source - 80’ deep and Trojan UV-Max purification system - 40-42 lbs of pressure
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Two houses are on the property - Main house is a 3BR, 3BA and the 2nd house is a 2BR, 1BA
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Equipped with 20,000 kilowatt diesel generator for emergency power
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Across San Timoteo Canyon Rd. are million dollar plus houses
Property website: www.CirclePRanchRedlands.com
For more information contact
Rick Wahl
760-275-3186
WahlStreet4RealtyWorld@yahoo.com