About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $6,975. Term options: 1 year at 0% ($573/mo); 2 years at 9% ($314.13/mo); 4 years at 9% ($171.11/mo); 6 years at 9% ($123.94/mo). Pay-in-full price: $6,277 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These three exceptional adjacent lots are less than a mile east of the Manzano Expressway, along platted Bessemer Street. They are about 1/3 mile from Formosa Boulevard. They are across the street from a large acreage originally platted as an elementary school, community center, or park site, but which may be developed in a different manner. Lot 10 is approximately 0.3 acre, Lot 9 is 0.27 acre, and Lot 8 is 0.24 acre. Although not listed on our website, adjacent lots 11, 12, and 13 are also available on the same terms. Please email or call us if you are interested in buying all six lots. Buyer Note No business or commercial activity of any kind is allowed involving a property under loan contract. Any plans you might have of a commercial nature must wait until the property is paid for in full and ownership has been transferred to you.
Location
Rio Del Oro, Unit 13 Block 23 Lots 8, 9, 10, Valencia County, NM
Outline shown is about 0.8 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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