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NM Residential 20 Lot Subdivision

Sunrise Estates : Moriarty, NM 87035

Torrance County, New Mexico

130 Acres
$378,937 USD
$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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MLS / Other ID
Posted on LANDFLIP
345 Days Ago
Last Updated
206 Days Ago
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