Listed by Newcastle Properties Group
$7,000,000
Aidlin Geysers ±825
Details
APN 117-140-010, 117-220-029, 117-220-030 (portion)
Property Type Land
Sub Type Hunting/Recreational
Acreage 825.000
Zoning RRD B6 320 Resource and Rural Development, B6 Combining Zone, 320 Acre Density
Land | 825 acres
Marketing description
Geothermal is one of the only reliable sources of “baseload power” (constant power) that is non-nuclear, and does not burn fossil fuels. While power production levels and power pricing levels may fluctuate, it is reasonable to conclude that green initiatives, alternative power mandates, wastewater treatment requirements, the ±$59,400,000 investment made in the plant in the early 1990s, and the 2013 redrilling and plant upgrades investment, will provide strong reasons to keep Aidlin producing for many years to come.
Investment highlights
Substantial Passive Income
Major Geothermal Investment on Property
Easy Access to Geysers Road, Pine Mountain Road and US Highway 101
Green Investment Opportunity
Minimal Property Management
Potential Preferred Income Tax Credit
Listing Contacts
Listed by Newcastle Properties Group
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