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). 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. Nestled in the heart of central New Mexico, the Manzano Mountains offer a breathtaking natural backdrop rich in beauty and recreational opportunities. This stunning range, part of the Cibola National Forest, is renowned for its rugged peaks, dense pine forests, and vibrant fall foliage, making it a haven for outdoor enthusiasts. Just a short drive from Albuquerque, the area provides easy access to hiking, mountain biking, horseback riding, and bird watching along miles of scenic trails, including the renowned Manzano Crest Trail. In the cooler months, the mountains become a peaceful retreat for snowshoeing and winter photography. With its blend of serene wilderness, diverse wildlife, and year-round adventure, the Manzano Mountains are a treasured escape for nature lovers and a compelling selling point for anyone seeking property in Valencia County. The Rio Del Oro subdivision is one of the Rio Communities. The Communities are conveniently located west of the Manzano Mountains and only a short distance from the city of Belen, the county seat of Los Lunas, Interstate 25, and Albuquerque. These adjoining properties are Rio Del Oro, Unit 24, Block 6, Lots 29 and 30. These are approximately 1/4 acre lots that you can choose to leave as is or combine them into a larger 0.5 acre property. This remote area will be a nice spot for you to occasionally camp or RV while holding the property for investment. You will enjoy those great Manzano Mountains views.
Location
Rio Del Oro, Unit 24, Block 6 Lots 29, 30, Valencia County, NM
Outline shown is about 0.5 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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