Bought with Susan Zhang • ReMax 2000 Realty
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Key Details
Sold Price $74,500
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 871,200 sqft
Price per Sqft $0
MLS Listing ID CRSR21198474
Sold Date 10/19/21
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 20.000 Acres
Property Description
Investors!!! This is a Solar Leased Parcel in the Valentine Solar Project (developed by EDF Renewable) in the area of Rosamond, California. Solar panels are on the land. The current yield is 6%, increasing in steps to 14% in the final five years of the lease. Stop letting your money waste away in your savings account. A 35-year solar farm fixed payment lease, seasoned 2 years, transfers with the land.
Location
State CA
County Kern
Interior
Fireplace No
Exterior
View Other
Building
Water None
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