Gov. File# L-31091: 0.27 Acre Lot in Valencia County, New Mexico
Legal Description: RIO DEL ORO Lot: 40 Block: 39 Unit: 63
Parcel ID Number: 1-010-029-030-425-100400 / 1010029030425100400 | Additional ID: R210146
New Mexico platted property in Valencia County near many towns along the Rio Grande River less than an hour south of Albuquerque close to multiple major highways and in up-and-coming area for real estate development! This land investment property is in a dry climate that does not require investors to deal with maintaining over growing grass and weeds. This raw land is surrounded by gorgeous mountain views, community parks and fantastic nature trails!
Your winning bid is for the down payment on the property and then is subtracted from the price of $3,772 you then make monthly installment payments of $49/month at the interest rate of 8% APR. There is a Buyer’s Premium of 17.5% on only your down payment amount and a low $249 closing cost. There are no prepayment penalties so you can pay the property off at any time which allows you to save on any future interest expense.
GPS Coordinates: 34.67659, -106.728807
Click Here to view the coordinates in Google.
Some images may be of the general area and not of the actual property.