Investment Lots Rio Rancho Unit 8

PROPERTY PHOTOS

Property Photos

All of the photos were taken in May 2009 of this lot and its surrounding views.

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PROPERTY INFORMATION

Rio Rancho Estates Unit 8 Block 94 Lot 8 PENDING

Rio Rancho Estates Unit 8 Block 94 Lot 9 PENDING

Rio Rancho is a suburb of Albuquerque about 15 miles to the NW as the crow flies and is the fastest growing city in New Mexico. These two adjoining 1/2 acre lots totaling one acre are in one of the developed units as seen in the maps and photos. The city limits is just a few blocks away to the east! We got a great buy on these ourselves and I think these are a great investment!

All of the photos were taken in May 2009 of this lot and its surrounding views. As you can see in the photos as well as the aerial photos there is a subdivision just to the SE a few blocks. Rainbow Park, one of the city parks, is located to the SE. These lots are located just W of Rainbow Avenue and S of Sandia Boulevard. The big thick black line on the subdivision map is the current city limits and part of this unit is in the city limits, which is just a few blocks away to the east. You can also see these major roads on this map. We had cell service at the property. I do see power poles in the distance in some of the photos but didn't see any power in the immediate area.

The lots sit on a lower part of a very gentle rolling hill and a bit of it is more up on the hill. I took the photos on the east side of this hill so you could see the new and older homes that are in this area. There are a lot of homes to the SE about one mile away. There are a few scattered trees and there were lots of pretty scattered wild flowers! : ) It is a beautiful view of the long range of the Sandia Mountains from the NE to the SE. There is a cool hill to the S adding some character to the horizon!

We really believe in Rio Rancho as an investment. I still see the infrastructure growing even in this slower economy. The University of New Mexico Regional Medical Center opened in January 2010. Once completed, the $200 million facility will house 68 hospital beds and will include an emergency room and surgical center. New schools and new companies like Hewlett Packard opened in January 2010, construction of Central NM Community College, new 14-screen cinema theater, the list goes on and on. Wikipedia has some great information about the growth in Rio Rancho, so be sure and check that out as well. Enjoy! Char the Explorer : )

Financing Price: $5,500 Per Lot

Terms with ZERO down payment: $5,500 at 8% interest with approximately 69 monthly payments of $100.

Terms for both Lots together with ZERO Down: $11,000 at 8% interest with approximately 101 monthly payments of $150.
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PROPERTY MAPS

Property Maps

Here is a link to the property on Google Maps for those customers who would like to play with it - it's a great tool!

Google Maps link to approximate NE Corner of Lot 9.

Hint: We suggest you click on the EARTH button in the right hand corner and then use the arrow up button in the left hand corner until you see the blue sky - that gives a great view to play with. You can rotate the compass to get different views showing the mountain ranges, topography, etc.

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ADDITIONAL PHOTOS

Sandoval County Area and Rio Rancho Subdivision Photos

All of these photos were taken on our journeys to Rio Rancho and Sandoval County!

Rio Rancho sits about 15 miles NW of Albuquerque and 50 miles SW of Santa Fe. It is the third largest and one of the fastest growing cities in New Mexico. It is bordered by Albuquerque to the S, the Santa Ana Indian Reservation to the N, and Bernalillo and Corrales to the E. To the W is the Rio Puerco Basin. It sits high atop a mesa offering stunning views of the Sandia Mountains and Rio Grande River!

At 5,290 feet, the high desert offers year round perfect weather with winter temperatures averaging 49 and summertime averaging 91. There are 330 sunny days a year with 8.2 inches of rainfall. It snows several times during the winter but usually melts the same day.

Anchored by chip maker Intel, other employers include Victoria Secret and Sprint. The Albuquerque International Airport, less than 40 minutes away, offers several major airline choices. New schools, new companies, a 14-screen cinema theater, the list goes on and on.

I have spent the last ten years researching the growth of Rio Rancho and have chronicled quite a bit of this on our county web page and here are some of the highlights:

*In July 2012 the Sandoval Regional Medical Center with its emergency room had their grand opening! This is located at the city center.

*In August, 2011 the Rail Runner commuter train line pulled into Rio Rancho! This train runs between Santa Fe, Rio Rancho, Albuquerque, Los Lunas and Belen.

*In August 2010, the Central New Mexico (CNM) Community College opened at the new city center.

*The first building as part of the University of New Mexico Regional Medical Center opened in January 2010. Once completed, the $200 million facility will house 68 hospital beds and will include an emergency room and surgical center.

*In the fall of 2009, V. Sue Cleveland High School opened - home of the Storms!

*Hewlett Packard Tech Center opened their 218,000 square foot building at the City Center in December 2009.

*The new city hall that opened in 2007.

*In October 2006 the Sandoval County Commissioners approved a master plan for a new city, Rio West, in the Rio Puerco Basin. It covers eighteen square miles of the basin and was estimated to some day be home to some 70,000 people. I read an article from 2010 that discusses the Rio Puerco Desalination Plant and the issue of bringing water to this area. The County and the developer have ended their joint efforts on this project and continuing efforts will be by the developer.

*In the fall of 2006 the Santa Ana Star Center, a major component in the City Center, opened.

We really believe in Rio Rancho as an investment and I still see the infrastructure growing even in this slower economy. Wikipedia has some great information about the growth in Rio Rancho so be sure and check that out as well.

For more pictures and information from our journeys to this area be sure and click here - Char's older web page of Sandoval County!

Official Rio Rancho Site

Wikipedia Rio Rancho Information

Here is a copy of the New Mexico State Liquid Waste Regulations Click Here.

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SALE TERMS & DISCLOSURES

Sales Process and Terms

Please conduct your due diligence research and be sure to ask all questions prior to hitting the "Buy Now" button below.

All of the maps and information provided in this listing are intended to assist you in your due diligence research. We try and include many resources that we use ourselves. Over the years we have found information to be incorrect like a road that shows on an aerial photo or street map that we can't find because it is overgrown or doesn't exist or a difference in GPS settings. So while we try and include as much of this information as possible we greatly encourage you to carefully do your research to be sure the property suits your needs.

If you would like to purchase this property click on the "Buy It Now" button at the bottom of the listing. A form will ask for your contact information and there is a box to indicate if you are purchasing if for cash or financing. It will then change the Status from "Available" to "Sale Pending" after you click submit. We will then send you an email that confirms our agreement and our process to complete the transaction. Please contact us within 24 hours of receiving that email from us to so we continue to hold the property for you.

Payment is due within 3 days unless prior arrangements are made and we accept cashier's checks, money orders, and Visa/Master/Discover Card. We often have several interested buyers in the same property and in fairness we keep the property available until someone is 100% prepared to complete the transaction.

If purchasing for cash, once we have received payment we will prepare all documents necessary to transfer ownership and even include a check to cover all recording fees and transfer taxes as well. It's all part of the non-refundable $150 doc prep fee!

If purchasing a Contract for Deed Click Here to view the highlights of our owner financing. PLEASE READ THIS DOCUMENT PRIOR TO CLICKING THE BUY IT NOW BUTTON FOR CONTRACTS!

With our sincere thanks,

Mark, Charlotte, Derek, Kristy, and Clay : )

Please feel free to call Char at 360-550-8943 with any questions!
We are on Pacific Time.

Thank you for looking!

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SOLD