Here's a great group of properties that you might want to grab for your portfolio.
The Rio Del Oro subdivision is one of the Rio Communities. The Communities are conveniently located only a short distance from the city of Belen, the county seat of Los Lunas, Interstate 25, and Albuquerque. The beautiful Tierra Del Sol Country Club and Golf Course is close to Belen where you can enjoy a round of golf on a great course. You also will be close to the beautiful Rio Grande River. The University of New Mexico, Valencia Campus is only a few miles away and it is one of the fastest growing schools in the state.
The main population of the area is along the I-25 corridor. The Rio Communities lie to the east and extend for several miles. They vary from the most built up properties closest to Belen to the most remote properties in the eastern section, which is closest to the beautiful and huge...
The main population of the area is along the I-25 corridor. The Rio Communities lie to the east and extend for several miles. They vary from the most built up properties closest to Belen to the most remote properties in the eastern section, which is closest to the beautiful and huge Manzano Mountains.
Facebook's new billion dollar data center complex in Los Lunas opened in 2019, and has added a lot of good jobs to the area. Facebook is expanding the complex with an additional five buildings, and this mega data center is attracting other high tech companies to the area as well. At the very next exit to the north on I-25, they are in the final phases of a large 1,500 home subdivision. Another developer has purchased a 6,000 acre tract near the same exit and is developing it. Valencia County's population has grown an unbelievable 46% in the last 10 years alone. The city of Belen already has a population of 6,900 and the "Rio Communities" have another 5,800. This area is rapidly growing in value and popularity. A new Interchange off of I-25 is in the works. This project in conjunction with a new east-west corridor will connect I-25 to State Highway 314, across the Rio Grande River and then on to State Highway 47 where these Rio Communities are located. The bypass will make the Rio Communities more accessible and create more traffic through the area. The Rio Communities are currently the last large vacant tract of land in the area and with easier access, growth will be coming this way.
This properties are in the mostly undeveloped Rio Del Oro subdivision. They are Unit 8, Block 12, Lots 17, 18, 19, and 20. If you are one of the many people becoming excited at the activity in the Los Lunas and Belen area lately, you might want to grab up this property as an investment stocking stuffer.
You can keep these four side-by-side lots separate or combine them for approximately an acre of great residential property. They are just a quarter of a mile away from the built residential community of Las Maravillas, and the Rio Del Oro Loop, which is the major road through the subdivision. Valencia High School and the entrance to the Manzano Expressway are each only about a mile away.
Look at this closely as a potential investment. For now you can even use it as a camping or RV site while visiting the area to enjoy those legendary Manzano Mountains views. For now there are no municipal utilities available to these properties, and if you want to build a residence you will need to combine the four lots into one property to give you more than enough land for a residence and a conventional septic system.
We have no special or insider knowledge of the area. We are not financial consultants, you must do your own due diligence.
Finance Price: $7,875 + $195 document fee. With an initial payment of $294 we can finance the balance for as little as $140.17 per month over six years. We do not run a credit check, everyone qualifies for financing.
Cash Discount Price For Immediate Purchase: $7,282 (includes document fee)
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