2110 Metro Avenue NE
Rio Rancho, NM 87144
About this property
Great investment lot walking distance to HP, Star Center, CNM, and UNM Regional Medical center. Do not miss this opportunity to own dirt in the path of development! Owner will carry on an… Show more
Great investment lot walking distance to HP, Star Center, CNM, and UNM Regional Medical center. Do not miss this opportunity to own dirt in the path of development! Owner will carry on an REC with 20% down, 7% interest amortized 15 years with a 3 year call.
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About Rio Rancho Estates
Rio Rancho Estates is the original AMREP land subdivision that the city of Rio Rancho grew out of, platted from 1960 through the mid-1970s across roughly 90,000 acres of mesa northwest of Albuquerque. The developer sold half-acre and one-acre parcels by advertisement to buyers far from New Mexico, laying a grid of graded dirt roads well ahead of any water or utility service.
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