Playa Encantada, 27 Res Lots w/utilities, Rio Communities, NM

Overview

Playa Encantada in Rio Communities;Residential Development Opportunity27 residential lots ranging from .13ac to .21ac , 4.469 acres Total (approx.)Minimal grading neededUtilities to lots, supporting residential developmentLocated within an active and growing subdivisionExcellent opportunity for a qualified homebuilder or residential developerWell suited for a coordinated or phased development programOwner is willing to consider subordination of the land to construction financing, subject to mutually acceptable terms and lender requirements. Preserve working capital and reduce upfront land costsA compelling opportunity for the right builder to secure multiple lots in an established and growing residential community.  Additional adjacent property owned by seller can also be acquired for quick development opportunity.