Rio Rancho, Rio Rancho New Mexico 87124
Property Status: Active
Lot Size in Acres : 1
Price: $6,000
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Owner Financing?: Yes
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Property Description: 1/2 acre of ranch/horse property, flat, unimproved raw land in Rio Rancho Estates, approx. 8 miles SW of downtown Albuquerque NM. Rio Rancho is one of the fastest growing cities in NM, but this area of Rio Rancho is still rural and relatively undeveloped so far. 'Civilization' is only about 2 miles away with housing and 'big city shopping'. The property is in Rio Rancho Estates, and is Plat Map parcel: Unit 7, Block 24, Lot 33. Access currently is dirt roads, with all paved roads only about 1/2 mile away. Power is available approx. 2200' away. No down payment, $6,000 cash price, or owner willing to finance for only $100/month for 60 months with NO INTEREST! $150 document fee to start process. Will also consider a month to month lease for $200 a month.