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UNDER CONTRACT

R-6 land Broadmoor

CARNM Listing #28273945

Broadmoor Blvd, Rio Rancho, NM 87144
Property Subtypes: Multi-Family
Gross Land Area: 23.50 Acres
Sale Price: $1,911,195
Unit Price: $76,230 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate:
Last Updated: 10/1/2015
Days on Market: 1175

Huge Price Reduction!!! Fantastic location in the fastest growing city in New Mexico. Hard to find assembled land in Rio Rancho zoned R-6. Up to 32 DU’s per acre.Located in the Broadmoor corridor just south of Downtown Rio Rancho which now include the new UNM Sandoval County Regional Medical Center, HP, UNM West, CNM West, City Hall, and Santa Ana Star Center. Would consider breaking up into separate parcels. Right now it’s 47-1/2 acre lots. This area will explode in the near future. Priced at only 1.75 per sqft.Call Mike 239-8833 regarding utility availability. Buy all or part.

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Market Type: Medium
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Legal Description: Call LA
Zoning Description: R-6. 32 DU’s per acre
Easements: Other
Available Utilities: Water

See Listing here

Los Diamantes sits one mile west of Rust Presbyterian Medical center which sits along Unser Blvd. The business park was created on a site of 170 total acres which consists of over 500 homes which are now selling quickly and are offered by Pulte, DR Horton, and Hakes Brothers. Adjacent to the site is the brand new Joe Harris Elementary School with a new proposed Rio Rancho High School on a 100 acre site just west of the project

MICHAEL SKOLNICK
Qualifying Broker/Co-Owner

(505) 239-8833

JOYCE HADEN
Associate Broker

(505) 259-8988

JOHN RENKEN
Associate Broker/Co-Owner

(505) 239-9738