Listing LD7895
Owner financing

Rio Del Oro Investors - Unit 18, Block 42, Lot 8

Price$5,377$99 down / $106/mo
Valencia, NM0.27 acres
Rio Del Oro Investors - Unit 18, Block 42, Lot 8 - Image 1
Rio Del Oro Investors - Unit 18, Block 42, Lot 8 - Image 2
Rio Del Oro Investors - Unit 18, Block 42, Lot 8 - Image 3

Property Description

This property would be great for occasional RV layovers and mini-vacations. It is located along Bonita Vista Boulevard, about 1/4 mile south of the El Cerro Mission development and just over 1/2 mile north of the high school. One of the new solar farms is across the road.

The intersection with the Rio Del Oro Loop is less than 1/4 mile to the south. From there you can go east to the Manzano Mountains, or west to Belen or Los Lunas.

You can take the passenger train from Belen to Albuquerque in well under an hour, and have a great day trip without having the hassle of a car. You can also continue on to Santa Fe.

You can RV on the property for up to 30 days per year. This can be your base for local adventures when you visit the area. Meanwhile you will be holding the property for investment.

NOTE FOR INVESTORS: We have no special or insider knowledge of the area. However In our listings we have added "Investor" next to properties that we think might be of particular interest to people who are excited about area growth and looking for investment. The properties that we tag with "investor" are in areas near existing development and/or in areas where we have been seeing interest from land investors. However we are not financial consultants, you must do your own due diligence.

Cheap land of this quality is increasingly hard to find. Buy now before the price inevitably goes up.

Driving directions

From the intersection of Highway 6 and Highway 314 in Los Lunas

Drive east on Highway 6 for 1.6 miles.

1.6 miles later turn right onto El Cerro Road / El Cerro Loop.

0.4 mile later bear slightly left onto NM-263 E / El Cerro Loop / Vigil Road.

3.3 miles later turn left onto El Cerro Mission Boulevard.

0.8 mile later turn right onto Van Camp Boulevard.

0.6 mile later turn right onto the Manzano Expressway.

1.7 miles later turn left onto the Rio Del Oro Loop.

1.4 miles later turn left onto Bonita Vista Boulevard.

0.2 mile later you will be at the property.

The approximate GPS coordinates of the property's corners:

Northwest 34.746397 -106.652442

Northeast 34.746458 -106.651994

Southeast 34.746225 -106.651947

Southwest 34.746164 -106.652394

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.

Additional Notes: Great RV Property

0.27
Acres
GPS Coordinates (Center)
34.746303, -106.652184
Parcel Boundaries
P1: 34.746448, -106.651980 P2: 34.746212, -106.651939 P3: 34.746159, -106.652387 P4: 34.746393, -106.652428
4 boundary points.
County
Valencia
State
NM
Subdivision
Rio Del Oro Investors
Property Location

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GPS Coordinates

34.746303, -106.652184

Owner Financing Options

Owner financing terms are set by the seller. Ask about qualification.

Years
1 Year6 Years

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$
$99 (min)$5,975

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This is the minimum down payment for this property

Your Monthly Payment

$106/mo

Financing Price

$5,975

Interest Rate

9.00%

Document Fee

$195

Term Length

72 months

Total of Payments$7,626
Total Cost$7,920

Confirm seller financing terms

Financing availability, credit requirements, approval timing, payment flexibility, and ownership transfer details can vary by seller and property. Review the listing and agreement before moving forward.

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General

Listed By
Your Cheap Land

Contact: Rob Ashbaugh

Your Cheap Land specializes in providing affordable land for sale in Colorado, Utah, Texas, Oklahoma, Arizona, and New Mexico. We aim to make land ownership accessible to everyone, regardless of budget. We own the land we sell We are not brokers and we are not middlemen for anonymous sellers. Our family name, Stephens, will show in the county ownership record of each property. By selling direct we avoid realtors’ fees and advertising expenses, which allows us to offer high quality land for sale at low affordable prices. Finance through us We also offer our own financing, for which everyone qualifies, with no credit check. There will never be a lien or back taxes owed on any property that we sell. We always have done, and always will do, whatever we can to ensure that your real estate purchase is easy and worry free. Whether you are purchasing your land for investment, to build, or for recreation, we are happy when you are happy! Find your dream property Please take some time to look through our properties for sale. You may be looking for ranch land, mountain land; desert land, forested land, ¼ acre or dozens of acres or something in between. Whatever your goal is we want to help you reach it easily, quickly, and yes, cheaply!

Interested in This Property?

Submit an offer and we'll get back to you promptly to discuss the details.

Important Disclaimer:

Buyers are responsible for conducting their own due diligence, including but not limited to: verifying property boundaries, utilities availability, zoning restrictions, access rights, and any HOA requirements. We recommend visiting the property in person and consulting with professionals before making a purchase decision. All information provided is believed to be accurate but not guaranteed.

$5,377

Owner financing: $99 down / $106/mo

Your Cheap Land

Your Cheap Land

Rob Ashbaugh
All Your Cheap Land Listings

Listing Price

$5,377

$106/mo