Lot 1 Fairchild Rd, Alamogordo, NM 88310-0000

Property Description

Lot 1 Block 2 Escondido Acres #1 is a 9.08-acre lot east of Southland Rd. at the end of Fairchild Rd on the right (south side) AND the best access is the northeast bend of Anillo del Oriente. Horses or Cattle, Sheep, Goats, and Chickens, etc. allowed (No swine & quantities reasonably limited by restrictive covenants). 1,200 heated sq ft construction. 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.