Located in highly desirable Mendocino County, this income property includes a 3.62+/- acre Chardonnay vineyard that is leased and farmed by a successful local management company. The zoning allows for agriculture, horticulture, packing and processing food items. The three separate residences on the property have long term rental tenants and the gross rent is $3,850 per month. The larger residence is a 2 bedroom, 1.5 bath single family home that could make for a primary residence with sweeping views of your Chardonnay vineyard. The second unit is a large shop with a studio apartment that would be perfect for a vineyard manager, and the final unit is a newly renovated mobile home.
Features at a glance:
- 3.62+/- acres of Chardonnay
- 3 rental income residences generating $3,850/month
- Located just south of Ukiah and 25 minutes north of Sonoma County
- Live in the main residence and receive rental income from the other units
- Historical yield is 5.5+/- tons per acre
- Great 10-31 exchange option
Presented at: $565,000
SOLD
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