Sunrise Drive, Moriarty, NM 87035

$306,938
List Price
$306,938
MLS#
985790
Status
ACTIVE
County
Torrance
City
Moriarty
Subdivision
Sunrise Estates
Acres
130

Property Description

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

Additional Information

Days on Market
62

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of United Country Farm & Home.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.