Phillips Philo Property - Rancheria Realty
$1,350,000 Large Assumable Loan Philo Income Property.– 13 Acres on Hwy 128 producing great income ! A wonderful opportunity to invest in income property here in Anderson Valley! This property has a long stretch of Hwy frontage just west of the Village of Philo on Winery row. The land is 13 acres of flat useable ground, and it is 3 legal parcels of land allowing much room for expansion of commercial, industrial, and residential use. Lots of
Room to Expand!
Tim Mathias, Broker 707-272-9280 Sheri Hansen, Agent 707-272-7248
www.rancheriareatly.com
Current on site commercial activities include: a 4,000 sq. ft.—climate controlled warehouse, currently used for wine storage, a 20 unit mini storage building easily expandable, a large shop building shown at right, and 4 residential rental units that include the 4 bed double wide home
at left, a 3 bed single wide home, a two bed double wide rented as a home and day care center, and a small cottage. In addition there is income from equipment storage, firewood storage, and water sales to water trucks. There are pastures currently grazed by a couple of horses, and small stream runs along one border. Opportunity Knocks with this fine income property. The sellers are motivated, the loan of approximately $835,000 is assumable, at 6.75% with lenders approval, and the income is there to support the debt. Sellers may consider direct trades too. ______________________ Adjacent photo has approximate property lines and corners on it. It is not intended to be taken as completely accurate. Only a survey can show accurate lines and corners.
Room to Expand!
Tim Mathias, Broker 707-272-9280 Sheri Hansen, Agent 707-272-7248
www.rancheriareatly.com
Current on site commercial activities include: a 4,000 sq. ft.—climate controlled warehouse, currently used for wine storage, a 20 unit mini storage building easily expandable, a large shop building shown at right, and 4 residential rental units that include the 4 bed double wide home
at left, a 3 bed single wide home, a two bed double wide rented as a home and day care center, and a small cottage. In addition there is income from equipment storage, firewood storage, and water sales to water trucks. There are pastures currently grazed by a couple of horses, and small stream runs along one border. Opportunity Knocks with this fine income property. The sellers are motivated, the loan of approximately $835,000 is assumable, at 6.75% with lenders approval, and the income is there to support the debt. Sellers may consider direct trades too. ______________________ Adjacent photo has approximate property lines and corners on it. It is not intended to be taken as completely accurate. Only a survey can show accurate lines and corners.
