Property DescriptionSeldom do you get an opportunity to purchase a turnkey organic almond orchard at a young age, let alone in the Fresno Irrigation District. Two wells with submersible 15hp and 25hp pumps and double line drip service these 2013 plantings of Nonpareil and Indepence planted every other row. NP on Hansen(west ) and Brights(east 1/2) rootstock and the Indepence on Nemaguard. Planted to 20ft x 15ft spacing. 4114 W. Church is a tenant occupied rental house and 4234 W. Church is included but is occupied with a life estate. Farm management is available and with an average price paid of over $6.00 a pound for organic NP in the last 5 years ($8.00 in 2015!), this could be an opportunity to for someone to make a fantastic buy with a potential for astronomical returns. Do not disturb tenants.
- Property Type: Nut
- Year Built:1936
- Square Footage:
- Lot Size: 1611720.00 Acres (37.00 acres)
- Baths:1.00 ()
- School District:Independent
- High School:Washington Union
- Junior High School:American Union
- Grade School:American Union
- Listing Broker:John Pestorich
- Listing Office:Peelman Realty
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.