Investment opportunity near Moriarty and Edgewood, New Mexico which is a short 30 min. drive from Albuquerque, New Mexico. 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
Listing courtesy of United Country Farm & Home.
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