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NM Residential 20 Lot Subdivision

Sunrise Estates : Moriarty, NM 87035

Torrance County, New Mexico

130 Acres
$378,937
$2,914 / ac
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Land Description

NM Residential 20 Lot Subdivision For Sale Near Moriarty. An excellent investment opportunity in central New Mexico. The subdivision is a short 30 min. drive east of Albuquerque on Interstate 40. 20 lots ranging in size from 5 to 10 acres. Fully developed subdivision with gravel roads, underground utilities include electric, natural gas and telephone. Lot owner must drill for water and install septic. Restrictive Covenants allow for double-wide manufactured homes as well as site-built homes. Awesome Moriarty/Edgewood opportunity for a return on the investment. The sale of the 20 lots carries a 40 discount off the retail value. Owner will consider selling packages of 5-10 lots also discounted from the retail list price. This is an area with a rural lifestyle and a great place to raise a family. Anyone looking to establish a country home just outside the City of Albuquerque should consider this development.

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More Land Details

LANDFLIP ID
165948
MLS / Other ID
30050-22253
Posted on LANDFLIP
96 Days Ago
Last Updated
56 Days Ago
Views
26
Land features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LANDFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.