15.27-Acre Lot in Tierra Verde Ranchettes, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $39,750. Term options: 1 year at 0% ($3,304.25/mo); 3 years at 9% ($1,260.89/mo); 5 years at 9% ($823.09/mo); 7 years at 9% ($637.95/mo); 11 years at 9% ($474.26/mo); 15 years at 9% ($402.17/mo). Pay-in-full price: $35,775 (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 15.27 acre property. Electricity is available. It is located on rolling ground and has a beautiful mix of open areas amongst the wooded areas. There a change in elevation of about 30 feet throughout the property so if you decide to build you could choose higher or lower ground, whichever you prefer. 15.27 acres is over 665,000 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 property is close to the El Malpais National Conservation Area. This is a designated significant geological, archaeological, ecological, cultural, scenic, scientific, and wilderness area. Electric lines cross the. 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. 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 92, 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.