Look at the aerial maps so you can see the potential. Some of the smaller 1/4 acre lots that have paved roads are selling for over $25,000. Get in while you still can and don't let this opportunity pass you by...
This lot is located 25 miles from Albuquerque, NM and 65 from Sante Fe with a commuter train up and running from Albuquerque. Get in on the ground floor! NO TIME LIMIT TO BUILD!!!
You can pass this investment down to your kids!!!?As the homes come closer to this unit the prices will continue to grow!??This is an up and coming area where land values will only increase!!! Invest today! House sales are down but Land sales are up while investors are scooping up land for the next Real Estate boom while they can buy low!?
The subdivision of Rio Del Oro (RDO) provides a great opportunity to own investment property just 25 miles south of Albuquerque, in scenic central New Mexico. Already a suburb of Albuquerque, this subdivision has explosive growth and development potential. RDO is professionally managed by the Valley Improvement Association (wonderful people who believe in this development).
Latitude/Longitude: 34.693402, -106.713334
Buyer to pay a buyer's premium of 10% with $100 minimum and a closing fee of $500, which includes deed preparation, recording fees, and transfer taxes. Seller will handle the entire deed recording process and will convey property via quitclaim deed with as-is title.
Certified/Cashier's Check?Wire Transfer (Payment is due 4 days from the end of auction)?
Buyer to assume any outstanding liens, back taxes, and back POA dues.
