ATTENTION INVESTORS - 5 COMMERCIAL SHOPPING CENTER LOTS - Located just south of Albuquerque, NM in Valencia County in the Fast Growing Rio Del Oro Communities Which is a Very Beautiful Area! These are all Strip Mall Lots and they generally run at least 40 Feet Wide by 272 Feet Deep, which is the standard 1/4 Acre Strip Mall Lot.
LEGAL DESCRIPTIONS - Rio Del Oro Subdivision: Unit 3, Block 28, Lot 15 Unit 7, Block 21, Lot 31 Unit 15, Block 31, Lot 5 Unit 18, Block 27, Lot 12 Unit 40, Block 42, Lot 22.
These Strip Malls are laid out the same as Strip Malls are everywhere. The Stores all have the common wide sidewalks in front of them and are the narrow deep stores with their storage room or office in the back. The finished stores can be a single width, or they may be several store widths wide. Each subdivision unit has it's own main roads and this is where the Strip Mall & Style Sh...
These Strip Malls are laid out the same as Strip Malls are everywhere. The Stores all have the common wide sidewalks in front of them and are the narrow deep stores with their storage room or office in the back. The finished stores can be a single width, or they may be several store widths wide. Each subdivision unit has it's own main roads and this is where the Strip Mall & Style Shopping Centers will be located. They are laid out and designed to be an integral part of the community, with the residential areas surrounding the commercial areas. Since no one knows which unit of the subdivision will build next, we believe it is best to own a single lot in several different units, instead of several lots all in one unit. These 5 Individual Lots Are Scattered In 5 Different Subdivision Units of the Rio Del Oro's. Keep in mind a Strip Mall needs to completely build all at once and not be missing any pieces. This Makes Every Single Lot A Very Important Piece To The Complete Shopping Center.
Every Corner of Every Lot in The Rio Del Oro's Was Surveyed and Pinned When They Were Subdivided and Laid Out. All of The Roads Were Also Surveyed and Named. The Title is free and clear on these lots. There are no liens or back taxes or back association fees owed on them. During the time these lots are undeveloped, the County Taxes will be the State Mandated $5 per year per lot.
The Cost of These FIVE Commercial Shopping Center Lots is Only $14,975 + $195 Document Fee. This is Less Than $3,000 Each!
Start payments now with a $395 Down Payment. This includes a one time $195 Document Fee and the other $200 goes as payment on the property. Finance the $14,775 balance for up to 11 years for about $175 per month.
Payment options to choose from:
1 Year at $1,231.25 Per Month
2 Years at $674.99 Per Month
3 Years at $469.84 Per Month
4 Years at $367.68 Per Month
6 Years at $266.33 Per Month
9 Years at $200.10 Per Month
11 Years at $176.72 Per Month
There are no prepayment penalties of any sort, so you can always pay more or all at any time.
One of the real driving forces helping The Rio Del Oro's develop is The Valley Improvement Association. This Owners Association helps to promote the area as well as take care of the many Benefits for the Owners. They have donated many sites for Schools, Churches, Recreational Parks, Habitat For Humanity Homes, Greenways, and Bike Paths. They Maintain the roads that are used throughout these units. They work to bring in and develop the utilities. Their efforts have resulted in many recent improvements including the 1 Million Gallon Water Reservoir and the 18 Inch Main Water Line Running Along the North Loop to name a few. The Valley Improvement Association does have annual dues that are charged to each property. They vary somewhat but are approx $20 to $40 per year per lot.
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