About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $4,975. Term options: 1 year at 0% ($406.33/mo); 2 years at 9% ($222.76/mo); 5 years at 9% ($101.22/mo). Pay-in-full price: $4,477 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These are two fantastic adjoining lots about as close to the Manzano Mountains as you can get. Lot 6 is approximately 0.64 acre, Lot 7 is approximately 0.60 acre. Keep them separate or combine them for a large 1.24 acre property. Although they are very remote, they are only about 90 yards from Commerce Boulevard, which gives you easy mobility. You will be less than 1 mile from the border of well over 178 square miles of United States Forest Service land. High quality cheap land like this is getting harder to find. You should buy now before the price inevitably goes up. As of this listing, adjoining lots 4 and 5 are also available.
Location
Canyon Del Rio Estates, Unit 7 Block 7 Lots 6, 7, Valencia County, NM
Outline shown is about 1.3 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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