Belen, NM 87002 - Valencia County

Gov. File# L-31088: 0.25 Acre Lot in Valencia County, New Mexico

Legal Description: RIO DEL ORO Lot: 27 Block: 14 Unit: 10

Parcel ID Number: 1-019-032-200-270-305270 / 1019032200270305270 | Additional ID: R200568

New Mexico property in Valencia County in a nice platted subdivision near many towns along the Rio Grande River less than an hour south of Albuquerque close to multiple major highways and in up-and-coming area for real estate development! This is an ideal land investment property in a dry climate that does not require investors to deal with maintaining over growing grass and weeds. This raw land is prime for investment surrounded by gorgeous mountain views, community parks, fantastic nature trails, and already flourishing subdivisions!

The down payment of $199 on the property is subtracted from the price of $3,772 you then make monthly installment payments of $49/month at the interest rate of 8% APR and a low $249 closing cost. There are no prepayment penalties so you can pay the property off at any time which allows you to save on any future interest expense.

GPS Coordinates: 34.716656, -106.565465

Some images may be of the general area and not of the actual property.