About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $2,975. Term options: 1 year at 0% ($239.67/mo); 2 years at 9% ($131.39/mo); 4 years at 9% ($71.57/mo). Pay-in-full price: $2,677 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This fantastic adjoining pair of approximately 0.5 acre lots is very close to the Florida Mountains and you will enjoy tremendous views. You can keep these lots separate or combine them into one large approximately 1 acre property to apply for a building permit. The border of hundreds of thousands of acres of public land is less less than half a mile away! As near as we can tell the nearest residence is about a mile away. Utilities have not been run out this far. This is the secluded off grid area of your dreams. You can build if you want to or just occasionally RV/camp while holding these properties for investment. These lots sit at the intersection of Mito Road and Indiana Road. If you build a residence, you can petition the county to maintain your road. Cheap land is getting more and more scarce. You should buy now before the price inevitably goes higher.
Location
Sunshine Valley Ranchettes, Unit 21, Block 7, Lots 23 & 24, Luna County, NM
Outline shown is about 1.1 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.
Owner Finance Terms
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in NM before signing any agreement.
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