Property Details

TITLE:
25 ACRES ADJOINING THOMAS MOUNTAIN RANCH
CONTROL:
Partner
VALUE:
$500,000
LOAN:
$270,000
EQUITY:
$230,000
TYPE:
Land
HAVE:
25 Acres adjoining Thomas Mountain Ranch, Gated Community. Could create a minimum of 10-12 2 acre parcels.
ADDRESS:
Upper Valley Road, Anza, California
BENEFITS TO NEW OWNER:
Adjoining Thomas Mountain Ranch. Create 12, 2 acres parcels to add to TMR.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$6,000
NOI:
$-6,000
DEBT SERVICE:
$0
CASH FLOW:
$-6,000
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$275,000
$1,800
5%
02/22/2028
Yes
BENEFITS SOUGHT:
Cash out or move to income properties or flips
CAN ADD:
1-35 2-acre lots in gated Thomas Mountain Ranch.
REMARKS:
This property is situated to be a great fit to add to Thomas Mountain Ranch.
COUNSELOR:
Laura Latronica
eXp realty of California, Inc
2683 Camino Ramon, Suite 200,
San Ramon, California, 94883
Phone: 760-310-9915
Cell: 760-310-9915