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
$300,000.00
Funding Goal$0.00
Funds Raised0
Days to goTarget 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
Rewards
$12,000.00 or more
Ownership per Investor ~3.0332 acres
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