1 Cameron,  Unincorporated CA, 93501 (Commercial)

Status: Sold
MLS#: SB15086407
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Last Updated: 12/3/2016 1:39 PM
Description for 1 Cameron Unincorporated, CA 93501
Excellent investment opportunity! Own 20 acres of land with commercial wind turbines on it. This land is part of the largest wind farm in the world -- Alta Wind Energy Center -- with hundreds of operating wind turbines. Almost a 6% Cap rate. This is similar to a triple-net (NNN) offering: the lessee is fully responsible for their equipment, management, etc. You as the owner just collect passive income -- "mailbox money" -- every month. This will not last!
Price
Sold Price:
$48,800
Sold Date:08/03/2015
Kern
SB15086407
Closed
Description
Excellent investment opportunity! Own 20 acres of land with commercial wind turbines on it. This land is part of the largest wind farm in the world -- Alta Wind Energy Center -- with hundreds of operating wind turbines. Almost a 6% Cap rate. This is similar to a triple-net (NNN) offering: the lessee is fully responsible for their equipment, management, etc. You as the owner just collect passive income -- "mailbox money" -- every month. This will not last!
Listing Information
Property Type: General Commercial, Other
20.16 Acres 878,170 sq.ft. $488
Neighborhood
Room Information
Exterior / Lot Features
None
Driving Directions
Take Hwy 58 to Cameron exit and proceed south on Cameron through the Alta Wind Energy Corridor
Financial Considerations
23722107
Listing Price History

Unincorporated Real Estate

Unincorporated is located in California.

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Courtesy: California Outdoor Properties Christopher Henry
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