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); 4 years at 9% ($121.34/mo); 6 years at 9% ($87.89/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. Canyon Del Rio Estates is a beautiful undeveloped subdivision about 28 miles south of Albuquerque, in Valencia County. It is located in the eastern part of the valley, east of Belen and close to the Manzano Mountains and Cibola National Forest This great pair of adjoining lots are Unit 9, Block 46, Lots 19 and 20. Each lot is approximately 0.5 acre. You can combine them to have a single property approximately 1 acre. This is large enough for you to apply for a building permit, if you ever want to do that. You will love the Manzano Mountains, both for their breathtaking views and recreational opportunities. You will be less than 2 miles away from a gigantic acreage of US Forest Service land. The Cibola National Forest is one of our country's true treasures. The Monte Largo Trailhead is nearby, about 2 miles away. This eastern part of the valley has higher elevation, and in addition to the Manzano Mountain views to the east, west of you will be a very long view over the valley. These lots' elevation is approximately 5,682 feet, and elevation gradually decreases down to about 4,840 feet in the Rio Communities over 9 miles away. There are very few people in this area. You will be living off grid, utilities have not been run this far out. They have frontage on a platted street, and a good graded road is about 350 yards away. Nearby roads look like they have not been driven in a long time.
Location
Canyon Del Rio Estates, Unit 9 Block 46 Lots 19, 20, Valencia County, NM
Outline shown is about 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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