516.36 +/- Acres of Almonds in Semitropic Water Storage District

Location: Property is located on the west side of Rowlee Road approximately one-half (½) of a mile to the west of the intersection of Rowlee Road and Jackson Ave to the southwest of the City of Wasco in the County of Kern and State of California.

Description: 516.36 +/- gross acres of almonds with 150.20 +/- acres that were planted in 2016, 152.00 +/- acres that were planted in 2013, and 188.20 +/- acres that were planted in 2006, 2005, 2002, and 1999 respectively. The property also has dual sources of water provided via a Class 1 contract to receive surface water delivery from Semitropic Water Storage District (SWSD), and multiple irrigation wells. 

Pricing: $16,000,000.00 ($30,986.13 per acre) which includes the Seller’s banked water inventory and the 2023 almond crop subject to Buyer’s reimbursement of Seller’s 2023 cultural costs from October 1st, 2022 until closing. The terms of the sale are to be all cash paid at the close of escrow.

CONTACT: MORGAN HOUCHIN
BROKER, DRE # 01865336
MOBILE: 661-477-3669
MHOUCHIN@TECHAG.COM