Gov. File# L-31093: 0.27 Acre in Valencia County, New Mexico
APN: 1-012-029-240-460-100030 | Account Number: R117525
Legal Description: RIO DEL ORO Lot: 3 Block: 9 Unit: 50
New Mexico property in Valencia County in a platted subdivision off the Manzano Expressway. This property is near many towns along the Rio Grande River and is less than an hour south of Albuquerque. Close to multiple major highways and in up-and-coming area for real estate development! Situated in a dry climate that does not require investors to deal with maintaining over growing grass and weeds. This raw cut of land land is surrounded by gorgeous mountain views, community parks, and fantastic nature trails!
Your winning bid is your down payment on the property and subtracted from the sale price of $3,772 you then make monthly installment payments at $69/month and the interest rate APR is 8%. There is a Buyer’s Premium of 17.5% on your down payment amount only 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: 34.679189, -106.687772
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Some images may be of the general area and not of the actual property.
Asset Type: New Mexico Bid & Assume