Tehachapi Willow Springs Road

Rosamond, CA 93560

$450,000

List Price

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Property Description

160 acres generating wind turbine income, with more than 10 years of historical payments that have been much greater than the minimum annual guarantee of $40,000. Lease was recently extended until 2059 with a 20% increase in production rate beginning January 2025. Annual production rate to increase 1% annually beginning January 2028. Located in the hills between Rosamond and Tehachapi, these parcels, which include two APN numbers of 80 acres each, add to the value of the steady income. Appraisals are in at a much greater value than the list price. Serious buyers will be furnished lease information, royalty reports and payment history. APN numbers are 476-051-06 and 476-051-07

Listing Information

List Price $450,000
Status Active
MLS 24008669
Type Land
Lot Size 6,969,600
Structure Size N/A
Courtesy Of Berkshire Hathaway HomeServices Troth, REALTORS
Listing Agent Joy Colovin DRE#01405881

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Joy Colovin, Berkshire Hathaway HomeServices Troth, REALTORS 661-948-4646. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 22nd, 2024 at 5:18 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.