Gov. File# L-31062: 0.25 Acre Lot in Valencia County, New Mexico
Legal Description: RIO DEL ORO Lot: 10 Block: 21 Unit: 51
Parcel ID Number: 1-011-030-290-060-304930 / 1011030290060304930 | Additional ID: R143528
New Mexico Land Offering! This serene property is situated on the flat, desert plain nestled between the Rio Grande River and the Manzano Mountains! Situated in Valencia County and located right on De Haan Loop in a nice, platted subdivision 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 is an ideal land investment property in a dry climate that does not require investors to deal with maintaining over growing grass and weeds. This raw land is prime for investment surrounded by gorgeous mountain views, community parks, fantastic nature trails, and already flourishing subdivisions!
Your winning bid is for the down payment on the property and then is subtracted from the price of $3,742 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: 34.679952, -106.702819
Click Here to view the coordinates in Google.
Some images may be of the general area and not of the actual property.
Asset Type: New Mexico Bid & Assume