9833 S Colusa Avenue San Joaquin, CA 93660

Leasehold Interest for saleAssumable loan of $500,000 @ 3.75%Plentiful Water (Full allocation)Nice Shop120 Ac. - Nut Orchard Leasehold Sale - $2,600,000Almonds: 80 ac (22 x 14 spacing) - Varieties: Nonpareil/Monterey on Hansen Rootstock - 2016 plantingPistachios: 40 ac - Golden Hills Variety - 2016 ...planting-Irrigation Water - Consistent, reliable water source. No water allocation limits or drought restrictions in place.- Water cost: $145 per AF-Drip Irrigation (Double Line)-Single 65 hp lift pump to move water from district ditch into filter station-VFDLease Terms:-10% of crop annually paid to owner/lessor plus property taxes.-Almonds - up to Year 2045 - Possible to extend.Buyer is purchasing:-Trees, irrigation system, and exclusive use land.-A farming business that is currently generating revenues.-Right to farm land for duration of lease term.-First right of refusal to purchase 120 acres of real estate (farm land), when current land-owners or next generation decide to sell.Buyer is not purchasing the land, but could possibly have the option to do so in the future.James Irrigation DistrictThe 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.Attention 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. Continue reading