About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $33,750. Term options: 1 year at 0% ($2,804.25/mo); 2 years at 9% ($1,537.34/mo); 3 years at 9% ($1,070.09/mo); 4 years at 9% ($837.41/mo); 5 years at 9% ($698.54/mo); 7 years at 9% ($541.41/mo); 9 years at 9% ($455.73/mo). Pay-in-full price: $30,375 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This is an outstanding approximately 12.15 acre property. Electricity is available. It is located on rolling ground and has a beautiful mix of wooded and meadow areas. There a change in elevation of about 40 feet throughout the property, but the large meadow in the southern area is very flat with only about a 1 foot change in elevation throughout. On this property, if you decide to build you could choose higher or lower ground, whichever you prefer. 12.15 acres is over 529,000 square feet of the most beautiful land you could want. The pinnacle of Cerro Leonides is just over a mile away and the top of Cerro Americano is just over 2 miles away. This is the great Continental Divide! The southernmost point of Lot 93 touches the El Malpais National Conservation Area. This is a designated significant geological, archaeological, ecological, cultural, scenic, scientific, and wilderness area. As you can see in the first property picture, an electric line goes through or near the southernmost bit of Lot 93. There are not many electric lines in this area, this is a rare plus. You will probably choose catchment for your water supply, as most of the locals do. You can build your dream home, or just camp and RV without restriction while holding the property for investment. ! Buyer Note No business or commercial activity of any kind is allowed involving a property under loan contract.
Location
Tierra Verde Ranchettes, Unit 3 Lot 93, Cibola County, NM
Outline shown is about 10 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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