Total Acreage is 20 Acres of which 12 are planted with Apricot trees but they are past prime and output is minimal. Property value is based on size of the property, prime location within 3 miles of town, in a really nice neighborhood with residential development behind the property and condition. Any income from the Apricots would just be icing on the cake. Substantial income from the property could easily be realized within 3-4 years if it were replanted with fine grapes.
This property is located on Sarmiento St, property (land) in this area is usually valued and sold per square meter rather than in acreage and based on that makes this a steal.
The swimming pool is fully functional and all equipment is included.
The trees surrounding the property are well aged trees and are magnificent!
Far more information is forthcoming.
Buying another working from us, consider this one for your main residence and long term investing on the additional acreage!
UPDATE: 10/06:
He is willing to go down to 125k and he will pay his half of the expenses.