Gran Quivira Estates Hwy 55, Mountainair, NM 87036 (MLS# 1031949)

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Gran Quivira Estates Hwy 55, Mountainair, NM 87036

$284,000
Property Type: Land Lot Size (sq. ft.): 740,520 Status: Active
Current Price: $284,000 List Date: 4/01/2023 Last Modified: 3/27/2024

Description

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!

More Information MLS# 1031949

Contract Information

Listing Price: 284000 Current Price: $284,000 List Price/Acre: 16705.88 List Price/Lot SqFt: 0.38 Status: Active Bank Owned: No

Location

Street Name: Gran Quivira Estates Hwy 55 County: Torrance City/Town Code: Mountainair State/Province: NM Zip Code: 87036 Geo Lat: 34.513779 Geo Lon: -106.240202 Area: 293 - Mountainair Zone Atlas: NOZA

General Property Description

# of Lots: 45 Acres: 17 Lot SqFt: 740520 Lot Size Source: Plat Apx Lot Dim Front: 100 Apx Lot Dim Side: 150 Lot Description: appr.(3)1/2 acre; (40)1/3 acre; (2)1 acre com. Flood Zone: No Flood Map Elementary School: Mountainair High School: Mountainair Package Deal: No

Tax & Legal Info

UPC Code: 1038018043235000000 PID: No SAD: No Current Taxes: 1101.32 GRT Code: 22-127 Tax Exemption: Unknown

Legal Description Details

Short Legal Desc: MOUNTAINAIR GRAN QUIVIRA MULTIPLE LOTS Tract: N/A Unit: N/A Block: N/A Lot: see long legal Subdivision: Gran Quivira Estates Section: 5 Township: 3N Range: 7E

Remarks & Misc

Directions: From the intersection of Hwy 60 and Hwy 55 in Mountainair, travel South on Hwy 55 for just under half a mile to the subdivision entrance on your left. Look for signs.

Utility Impact Fee

Utility Impact Fee: Unknown

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Association Details

Association: No

Property Features

Distance to Water: On Property Dist to Electrical: On Property Distance to Sewer: On Property Distance to Phone: On Property Distance to Gas: On Property Distance to Cable: None Possession: Day of Funding Type: Acreage; Multiple Dwelling; Res. W/Restrictions Topography: Mostly Level; Slight Slope Features: Partial Wooded; Views Utilities: Cable Not Available; Electricity Available; Natural Gas Available; Phone Available; Phone Available; Sewer Available; Water Available Docs/Data Available: Plat Map; Restrictive Covenant Wastewater: Public Sewer Water Source: City Water Finance Considered: Cash; Owner Financing Zoning: R-1
Listing Office: Hawkeye Realty
Last Updated: March - 27 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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