Cash Purchase for $1,600; Payment Terms for $500 Down + $150/month for 12months
Sitting just outside Albuquerque, this charming one acre lot will afford its owner the opportunity to be close to all the great nightlife, concerts, events, casinos, museums and national parks that surround the metro area while still providing the type of privacy not typical of the big city. In fact, one of the great benefits of owning a lot like this is that it sits in a still underdeveloped portion of Rio Rancho. With more and more Americans migrating to the sun belt every year, the Albuquerque Metro area is only going to expand with an ever growing need for land and housing to accommodate this upwardly mobile population. Owning a lot in a still growing section of the city affords the buyer – especially at this price – the ability to purchase low then sit back and watch as values appreciate.
What Our Photographer Said: Remote and peaceful area where the only sounds you hear are the ones produced by mother nature.
|Best Attribute||Residential Lot - Great Investment|
|APN or Other ID||1003072493224|
|Legal Description||SUBD: RIO RANCHO ESTATES BLOCK: 49 LOT: 12 UNIT: 1|
|Property Type||Rural Land|
|Terrain||Flat With Blue Skies|
|General Elevation (in feet)||6148|
|Sewer||Septic or Alternative System|
|Time to Build||No Limit|
|Title Info||Clear Title|
|Annual Property Taxes (Approx)||$31.66|
|Terms||Cash Purchase for $1,600; Payment Terms for $500 Down + $150/month for 12months|