A little piece of country, just an itty-bitty way to the city! Owners are willing to accept $80k down payment and carry a 30-year fixed note, no prepayment penalty, 5% interest APR. Owners are in the horse business and are selling a small piece of their pristine ranch. This is 1.5 acres of developable land on El Cerro Loop, on the edge of the Middle Rio Grande Valley, a short distance to Los Lunas, fine dining, restaurants, shopping, and entertainment. Potential uses for this land include: 1-family unit, custom / modular home permitted with additional residences for 1st-time buyer, vacation home, or rental; Agricultural, such as alfalfa or chili; Ranching, including horse arena and boarding facility. Amazing price with owner carry! Featured video:
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Research Parcel InformationFrom Albuquerque take I-25 S 15 min to NM-47 S, Exit 215. Continue south on NM-47 / Broadway Blvd SE for 10 miles. Turn left to stay on NM-47 S for another mile. Turn left onto N El Cerro Loop / NM-263 E for 1.5 mile. Turn right on NM-263 E for 0.4 mile. Go past 170 El Cerro Loop and the property is on the right at the corner of Winchester Lane