Lot 5 Anillo Del Oeste, Alamogordo, NM 88310-0000

Property Description

Lot 5 Escondido Acres #1 is a 6.42-acre lot on the west side of Anillo Del Oeste just south of the first curve. Horses or Cattle, Sheep, Goats, and Chickens, etc. allowed (No swine & quantities reasonably limited by restrictive covenants). 1,200 heated sq ft construction. Electricity is available at the property line. Well, septic, and propane are needed. Seller financing available with 30% down, 12.5% interest, 60 month term and to be handled through NM Escrow Solutions. Per seller, OFCU recently indicated they offer small land loans (10 acre max) at 7% financed for 10 years.