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Friday, May 17, 2024

Campo city is ready to be sold for 6.6 million dollars, know what is the specialty


About 100 people are living in the town of Campo, which is up for sale for $6.6 million. The city includes more than 20 buildings, apartments, single-family homes and commercial properties. John Ray has owned most of the city of Campo since 2000

An entire city in California is going to be sold. Campo City is up for sale for $6.6 million. The city is just a short distance from the Mexican border and about 50 miles southeast of San Diego. There are about 20 buildings in the city, those will also be sold.

This also includes apartments, single-family homes and commercial properties. Additional commercial tenants include a Baptist church, a US Post Office, a Veterans of Foreign Wars chapter, a metal shop, a cabinet shop, a lumber shop, and a Border Patrol outpost.

John Ray is looking for such a buyer

John Ray has owned most of the city of Campo since 2000. Ray is now looking for a buyer who has a positive vision for the future of the campo and is interested in redeveloping the town. And also take care of the wishes and needs of the people currently living in the campo.

Campo settled in the 19th century

The California city of Campo was founded in the 19th century. During the Second World War it served as a military city. At present about 100 people live in this city. All of them live by paying rent to the current owner, Las Vegas real estate investor John Ray.

Why do you want to sell?

John Ray wants to sell the campo because he is tired of being the owner and hiring employees to oversee everything. In addition to the campo, he is also trying to sell the ghost town of Bankhead Springs. These are located about 3.5 miles northwest of Jacumba. Mr Ray said he was asking $2 million for the small village, which he bought in 2000. Ray also purchased properties in El Centro, Yuma, Logan Heights, and Sherman Heights over the years, all of which he has sold.

The biggest change is in net operating income, said listing agent Nick Hernandez of Top Gun CRE. Apart from this, this time the seller is more enthusiastic to sell it. His Mission Valley-based company received this listing about three weeks ago. For this, he has started contacting potential buyers, preparing marketing content and preparing a promo video.

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