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); 3 years at 9% ($91.46/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 is a great pair of adjacent 1/2 acre lots that you can keep separate or combine to have a large 1 acre property. If you are looking for an off grid homestead in a beautiful area with great mountain views, look no further! As far as we can tell, nobody is living within a mile. This is certainly one of the lesser developed areas of the Deming Ranchettes. Along their north side they front on Quatro Road, which intersects with Abeto Road at the west end of the block, and Azalea Road at the east end of the block. They sit about 6.5 miles east of the Florida Mountains, which makes for spectacular views. Just over half a mile to the south is the border of hundreds of square miles of public land, state owned land and Bureau Of Land Management (BLM) land. You will be just under 26 miles from downtown Deming. Far enough to avoid the hassle but close enough that all those amenities are just a short drive away. We also have several adjoining lots available. Let us know if you really want to dominate your block. 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. Residential land for sale, land for sale in New Mexico, cheap land for sale, owner financed land, rural land for sale.
Location
Deming Ranchettes, Unit 125 Block 5 Lots 6 & 7, Luna County, NM
Outline shown is about 1.2 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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