10.65-Acre Lot in Tierra Verde Ranchettes, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $29,750. Term options: 1 year at 0% ($2,470.92/mo); 2 years at 9% ($1,354.60/mo); 3 years at 9% ($942.89/mo); 4 years at 9% ($737.87/mo); 6 years at 9% ($534.48/mo); 8 years at 9% ($434.39/mo); 10 years at 9% ($375.61/mo). Pay-in-full price: $26,775 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This beautiful approximately 10.65 acre property is a pleasing mix of woods and meadow. Power is available! There are not many power lines in this very rural area, and having access to electricity is a huge bonus. The main trail road through Unit 3 runs along the west side of Lot 98. The terrain very gently rises about 10 feet over its more than 1,200 feet length. This is a fantastic property to build your dream home or to visit on those special vacations. You can RV and camp without restriction until you are ready to build, or you can just leave the property as is for investment. Lot 98 is one lot away from the El Malpais National Conservation Area. This is a designated significant geological, archaeological, ecological, cultural, scenic, scientific, and wilderness area. Any public land within this area is put into the conservation trust. High quality land like this is becoming difficult to find. You should buy now before the price inevitably increases. 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. Electric Available

Location

Tierra Verde Ranchettes, Unit 3, Lot 98, Cibola County, NM

Owner Finance Terms

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YourCheapLand is a family-owned business specializing in undeveloped land in the American Southwest, with lots in Arizona, New Mexico, Texas, Utah, Colorado and Oklahoma. Owner financing is what they are best known for: most lots can be bought with $99 down, with terms from 1 year at 0% to longer terms at 9%. The land suits off-grid homesteads, cabins, tiny homes, RVs, camping, hunting and recreation. Contact Mike and Samantha for details on any property.