0 B drive, Brazil, IN 47834

Investment Property For Sale!

Investment Property Great Investment Opportunity! Solar Farm Properties located in Clay County, Indiana 47834 Asking price $1,850,000.00 for both properties together. Property 1 located in Staunton, IN 168 acres total 45 acres of solar farm. Income from the lease of solar is $45,000.00 annually. Payments on solar lease are bi-annual. 40 years remaining on lease of solar farm. 80 acres of tillable farmed on shares. Average income for this is $17,000.00 annually. 10 acres of timber. Remaining acreage is part of a lake and grasslands. Fishing is excellent. Income for the next 40 years: $1,800,000.00 solar + $680,000.00 = $2,480,000.00 Property 2 located in Brazil, IN just northwest of the high school. 40 acres total 40 acre solar farm. Income from the lease of solar is $33,000.00 annually. Payments on solar lease are bi-annual 35 years remaining on the lease. Income for the next 35 years = $1,155,000.00 Total for both farms = $3,635,000.00 The Lessee pays the property taxes on the ground they lease. $6,000.00 Property owner pays the property taxes on the remaining ground. Cost is $26.00 per acre.