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Bosque Vereda Rd - Mountain Peak-Casa Vista Estates Subdivision 24 Acres of Residential Land in Ruidoso, NM 88345
Investment Highlights
- Level, to rolling topography (rare in this area)
- Hot market
- Unmatchable views
Executive Summary
Long-held family estate portfolio land on the market for first time since a 2006 foreclosure. Property available for substantially less than the cumulative value of the lot total. Ruidoso is booming and this is an opportunity for a developer/homebuilder/roadbuilder or team of these types of partners to cash in. Make an offer.
Property Facts
1 Lot Available
Lot
| Lot Size | 24.00 AC |
| Lot Size | 24.00 AC |
36-Lot Foreclosed Subdivision. 12 Lots may be sold immediately. Road must be built to bring additional 24 lots plus 5.4-acre lot to market. Property is brimming with profit potential.
Description
Incredible views from the top of Camelot Mountain! Homes from $200,000 to $1.5 million in the neighborhood. Residential lot shortage has led to owner releasing this subdivision onto the market. Since many homes in Ruidoso have been sold in the last year, the new home market has been heating up. The time is right to begin work on this undervalued asset.
Property Taxes
| Parcel Number | R055122 | Improvements Assessment | $0 CAD |
| Land Assessment | $5,256,154 CAD | Total Assessment | $5,256,154 CAD |
Property Taxes
Parcel Number
R055122
Land Assessment
$5,256,154 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,256,154 CAD
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Bosque Vereda Rd - Mountain Peak-Casa Vista Estates Subdivision
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