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For additional Information, Contact

Charles Jamgotchian, Owner & Broker,   DRE Lic# 670397
1635 E. Ticonderoga Dr.,  Fresno, CA. 93720
Phone:  559-226-5796   eFAX: 775-254-2258
e-mail:  chuckj@rexinet.com

328 Acre Almond Farm
Kerman, California

Description:  ID# 6945        Off Market due to price increases
Investment opportunity! Meticulously farmed 8th leaf Nonpariel and Monterey almonds. Excellent Kerman location. Sandy loam soil. Pipeline, 3 new pumps, shop and pole barn. Easy terms.  New drip irrigation systems in place.  Expect some crop in 2009, then good crop in 2010 now in full production.  A total of 310 acres are planted.

2012 Income Estimates
   
Gross Income @ $2.50 / lb.,  2,500 lbs,  Equals $6250 per acre.
    Expenses:  $2,000 per acre
        Does not include Debt Services
    Net Profit $4,250 Per Acre
    Total net based on 310 acres planted.  $1,317,500

Financials Spread Sheet

All offers are subject to verification of the production records, income statement and details of the farming operation

Location:

APN 015-130-41
Google Map

Price:  $8,340,000  FIRM

Off Market due to price increases

Does not include the 2013 Crop
Assumable loan of $4,000,000 at 4.7%, 15 year amortized
Cash for balance

See the following Maps, Pictures and Topography maps


Pictures start at South West Corner, the go east to South East Corner
Then North along the East Line











South East Corner


East Line



Miss 2013 Almond Queen








Location Map
Contact Broker for detail Directions

Price and Availability are subject to change without notice
All information provided is deemed reliable, however we cannot guarantee its accuracy and we assume no liability for errors or omissions.
Prospective purchasers should independently verify all items of interest with their own sources and should consult with various professional and governmental agencies for additional information and conditions.

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