11-24-2017, 05:14 PM
I don't understand, its already got a house on it and I assume is zoned agricultural so my point was just that no other new houses could be built/sold.
For a standalone investor its unlikely to be worth it because the rental income generated by a house and < 140 acres of farm land isn't going to justify a 4 million dollar purchase price. It's a good investment for the region only because of the airport and likely future plans to expand. That doesn't apply to anybody else.
For a standalone investor its unlikely to be worth it because the rental income generated by a house and < 140 acres of farm land isn't going to justify a 4 million dollar purchase price. It's a good investment for the region only because of the airport and likely future plans to expand. That doesn't apply to anybody else.