$284,000

Investment Opportunity in the growing town of Mountainair. Nice subdivision with desirable larger town lots, views of the mountains, several treed lots, protective covenants, and town utilities available. These residential lots regularly sell between $10,000 and $17,000 per lot. There are forty three residential lots and two 1 acre commercial lots available below market price. 25 developed lots with electric, water, gas, phone, and sewer at the property line. 18 undeveloped lots with utilities available through partnership with the town in bringing those in. 10% discount for cash purchase or seller financing with 10% down, 5% interest, and either 10 or 15 year term. Mountainair offers all the necessary amenities without the bustle of big cities. Great Opportunity at a Great Value!