1943 San Miguel Canyon Rd, Salinas, CA 93907

12.8 Acres=557568 square foot of sub dividable land with current zoning map showing LDR/B-7 (7units per acre) which may enable a mobile home park on the property or independant residential lots along with a second home or more above. I will consider an all cash lower price offer. Buyer pays all Closing Costs. Owner financed 1st loan available with no points, no mortgage insurance, $200,000 down payment, 1/2% per month on unpaid balance. You also have the option of a progressive loan with interest only the first year and payment increased $1000 the second year and $1000 more toward principal each year up to $5,000 or more in principal. The interest payment will go down each year principal or Lump sum payments occur, There will be no prepayment penalties, No mortgage insurance only fire (currently $1200 per year). $500k or more in Nursery Stock and Equipment could be financed separately at 0.6% per month on unpaid balance of loan. Down payment would apply to this 2nd loan which could also use progressive payments. It would reduce the 1st loan and property taxes and could be a write off against income tax.