$44,500
For Sale

601 S Forest Avenue

Mountainair, NM 87036
Browse 11 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Great investment opportunity 5 lots totaling 14.847 acres with town water and electricity available. Keep one lot for yourself and sell off the rest or develop them all as an investment in the growing rural town of Mountainair. Platted lots are approximately 7.5 acres, 3.8 acres, and three 1 acre lots. Three town roads access the North boundary of the property. Southern boundary is the private Railroad access road. Mountainair has artist studios and galleries, year round festivals, historic Shaffer Hotel and Restaurant, with the National Forest and the Mission ruins nearby. Everything you need in town with a full organic/natural grocer, bank, mechanic, health clinic, hardware store, and more. Great place to live and invest. Come enjoy the best the Southwest has to offer.

  • Property Details
      • Utility FeaturesCableNotAvailable, ElectricityAvailable, PhoneAvailable, WaterAvailable
      • SubdivisionLANDS OF BRUCE WILSON
      • Lot DescriptionViews, Wooded, Acreage
      • Sewer InformationPublicSewer, Other
      • School DistrictMountainair
      • Elementary SchoolMountainair
      • High SchoolMountainair
      • Property TypePurchase
      • CountyTorrance
      • Original List Price$44,500
      • MLS #1066403
      • MLS #1066403
      • Utility SourcePublic
      • Acres14.85
      • Cost44500
      • Taxes Annual$229
      • Property SubtypeLand

Location

Ken Green | Coldwell Banker LegacyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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