Lots 116 Roads 3180-3192, Aztec, NM

Others for Sale - $4,500,000 - 107 Sq. Ft. on 106 acres


Agent Info

Gordon Crane
CENTURY 21 SoWesCo Realty

Property Info

CIMLS#1146987
Location
  Lots 116 Roads 3180-3192
  Aztec NM 87410
UpdatedSeptember 28th, 2023
TypeOthers
Price$4,500,000
Building107 Sq. Ft.
Land106 acres

Property Description

Commercial Property! Investor Alert! Panorama Heights Subdivision is located in Aztec, NM, off Road 3100, South of Southside River Road (Old Aztec Highway). Panorama Heights Subdivision contains approximately 116 lots with lot sizes varying from .75 acre to .99(+) acres. All lots that are rented or available for rent; rent for $250.00 per month. Manufactured homes and recreational campers that are on each lot are tenant owned. All but 1 lot has utilities: which include electricity, water, septic, propane or natural gas. The vacancy rate is about 34%. Lots are listed separately, 'For Sale', from $47,000-$52,000. The average price per lot is $38,793, a 22% reduction price from the current sales prices. Financials and more information is available upon request.


Financials