About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $2,475. Term options: 1 year at 0% ($198/mo); 2 years at 9% ($108.55/mo); 3 years at 9% ($75.56/mo). Pay-in-full price: $2,227 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This property is Chama River Estates, Unit 1 Block 10 Lot N4, in Rio Arriba County, New Mexico. Chama River Estates is an undeveloped subdivision. It is an approximately 0.1 acre investment lot just east of Tierra Amarilla. It sits along a dirt road, and the intersection of Highway 64 and Highway 84 is less than 2 miles away. This is a beautiful area with tremendous views of the Tierra Amarilla Mountains. The property is near the Carson National Forest, about 2.5 miles from Heron Lake State Park. Area activities include hiking, hunting, and fishing. Deer, turkey, and elk roam the region, with bears and mountain lions in the mountains. Lot N4's parcel number is 1-020-170-187-288. It is off grid with no available utilities. Zoned in the county regional agricultural district. Please contact the County Planning And Zoning Department with any land usage questions. For information on building a residence you would need to call the New Mexico Environment Department to check into alternatives to conventional septic, and you also need to obtain water from a licensed provider.
Location
Chama River Estates, Rio Arriba County, NM
Outline shown is about 0.1 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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