Short Story
75 Acres of Hunting, Fishing, Camping, RVing land on the Outfall Drain of the Colorado River. Property covers both sides of the Outfall Drain and is accessed on the east by Hwy 78 and the west at Stallard Rd. There is a 2bd 1ba home on the property and a detached steel building/shop of about 900sf. Go off the grid by adding solar!
75.83 Acres in Palo Verde, CA
by Otiny house
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$300,000.00
Funding Goal -
$0.00
Funds Raised -
0
Days to go -
Target Goal
Campaign End Method
Campaign Story
Imagine waking up each morning surrounded by the serene beauty of Imperial County, where the Colorado River provides a picturesque backdrop to your tiny house community. By joining our collective land investment, you can make this your reality for an affordable price.
Description | 10 investors | 20 investors | 25 investors |
---|---|---|---|
Total Property Cost | $300,000 | $300,000 | $300,000 |
Land Size | 75.83 acres | 75.83 acres | 75.83 acres |
Number of investors | 10 | 20 | 25 |
Land Ownership per Investor | 7.583 acres | 3.7915 acres | 3.0332 acres |
Down Payment per Investor | $6,000 | $3,000 | $2,400 |
Monthly Mortgage per Investor | ~$172.10 | ~$86.05 | ~$68.84 |
Possible Rental Income per Investor | ~$2,274.90 | ~$1,137.45 | ~$909.96 |
Outright Purchase per Investor | $30,000 | $15,000 | $12,000 |
Rental Income minus Mortgage per Investor | ~$2,102.80 | ~$1,051.40 | ~$841.12 |
Palo Verde, California offers both tranquility and convenience. Located within driving distance to vibrant cities such as Blythe and Indio, you have easy access to urban amenities while enjoying the peaceful rural setting. Employment opportunities are diverse, ranging from agriculture to energy production and retail.
Recreational activities abound in this region known for its great weather. With the river nearby, you have prime opportunities for boating, fishing, and water sports. Hiking trails and camping spots enable a close connection with nature.
Local shopping and entertainment options cater to all your daily needs and leisurely pursuits, making it an ideal location for those who wish to invest, live, or simply escape from the hustle of city life.
Investing collectively in this 75.83 acre property maximizes the value each member receives. With potential rental income from natural amenities and planned development, such as tiny houses and RV parks, the financial outlook is promising.
Leverage the power of community to lower your living expenses, generate rental income, build a sustainable lifestyle, and realize your dream of tiny house living in a scenic retreat.
Amenities:
A 2bd 1ba home and a 900sf steel building/shop already exist on the property, offering immediate utility and storage solutions. The expansive acreage provides ample space for tiny houses and communal areas. Go green by adopting solar power and enjoy off-grid living.
Challenges and Unexpected Expenses:
As with any community project, challenges will arise, such as the need for infrastructure development, collective decision-making, and maintenance. Unforeseen expenditures are part of the journey, but with shared responsibility, the burden is less empowering strength in numbers.
Financial Implications of Group Buying:
Buying this land collectively offers several advantages. The total cost and monthly mortgage are distributed among investors, making it much more affordable than purchasing individually. Shared ownership also brings potential rental income from renting out land slots. Overall, group buying significantly lowers the barrier to land ownership and investment in this attractive location.
In summary, this collective land investment opportunity at 797 A E Hwy 78, Palo Verde, CA is not only financially appealing, with each investor potentially saving on purchase and gaining from rental income, but it is also a chance to embrace a communal, sustainable, and enjoyable lifestyle.
All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
- Amenities
- Land
- Activities
- Camping
- Fishing
- Hunting
- RVing
- Common Features
- Campground
- Present Use
- Hunting/Fishing
FAQ: Collective Land Investment in Palo Verde, CA
- What is the main concept behind this land investment opportunity in Palo Verde? The core idea is to enable a group of individuals to collectively invest in a 75.83-acre property near the Colorado River, making land ownership more affordable and facilitating the development of a tiny house community. This model aims to distribute costs and offer the potential for shared rental income, promoting a sustainable and community-oriented lifestyle.
- How does collective land buying reduce the financial burden for individuals? By pooling resources, the total cost of the property, which is $300,000, is split among the investors. For instance, if 25 investors participate, the down payment per individual is significantly reduced to just $2,400, and the monthly mortgage becomes a manageable $68.84, making land ownership much more accessible compared to purchasing independently.
- What are the key features and amenities of the Palo Verde property? The property features a 2-bedroom, 1-bathroom home and a 900 square foot detached steel building/shop, offering immediate utility and storage solutions. The expansive land is suitable for building tiny houses and creating communal areas. It also presents an opportunity for off-grid living by implementing solar power. Additionally, there is access to the Colorado River for recreation activities.
- What kind of recreational activities are available in the Palo Verde area? The area offers a variety of outdoor activities such as boating, fishing, and water sports along the Colorado River. There are also hiking trails and camping spots available, allowing for a close connection with nature. The warm weather provides a good backdrop for outdoor enthusiasts.
- What are the potential financial benefits of investing in this property, besides reduced upfront costs? Beyond the reduced initial investment, there’s the opportunity for generating rental income by leasing land slots to other tiny house dwellers or RV users. This means investors could potentially earn more from renting their share of the property than they pay on their mortgage, offering a return on investment.
- What potential challenges or unexpected expenses might arise within this collective project? As with any community venture, there may be challenges related to the cost of infrastructure development, the necessity for collective decision making amongst the investors, and the ongoing maintenance of shared spaces. Unforeseen expenditures can and may occur, but the shared nature of the ownership aims to mitigate the burden of these issues.
- How does the property facilitate the vision of a tiny house community? The significant acreage allows for the establishment of multiple tiny houses and shared communal spaces. This allows for the development of a close-knit community in an environment focused on sustainable living, shared costs and opportunities for common recreational and communal activities.
- How does the location of Palo Verde offer both rural and urban conveniences? Palo Verde is positioned within driving distance of urban centres like Blythe and Indio, offering easy access to shopping, entertainment and urban services, whilst still offering a peaceful rural setting that is suitable for off-grid and outdoor focused lifestyles. The location also offers diverse employment opportunities ranging from agriculture to energy production and retail.
Rewards
$12,000.00 or more
Ownership per Investor ~3.0332 acres
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