House, Land, trees, current and potential income: 500+ft road frontage, 300 trees, pistachio/pine, 30acre-feet water rights=9.8million gallons annually, irrigation system, 2 pump houses, water softeners, horses OK. Income: mobile home rent $6720 annually, 4 new RV sites. RV $250 monthly potential per site, $9000 income. $14720 annual income, inc $6720 actual income = 7.5% return. 32.7% return on $45k down, 73.6% return on $20k down. Space for 35+ RV sites plus storage units. Personal property: Massey4wd Tractor, $38,000 in 2005, 600 + hours, excellent shape, bucket loader, scraper blade, post hole digger + augers, box blade, rake. 4000watt generator, 8hrs. Pistachio harvesting equipment. 10' bench saw, ladders, tools and parts. Portable A/C on wheels. Mercury 25hp motor, Avon inflatable boat. Golf cart. Lawn tractor, 2 cylinders, 2 baggers. HD weed whacker on wheels. Other personal items.
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