South Florida is aland property for lease in Alamogordo, NM.
Country Club Estates is approx. 175 unit residential home site subdivision. The total acreage is approx. 42 + or -. The subdivison is already platted and approved. The land has been annexed into the City of Alamogordo. South Florida is in the process of a widening and re-paving project. Country Club Estates is approx. 1/2 mile north of the Golf Course. Great ROI. Seller will share and consult with building costs and development costs. Paper lot price is $8850 and finished product price of <$25k per lot. The finished home will have a target price of $169,000 to $189,000 for 1400 to 1800 sq. ft. The city of Alamogordo has an extreme shortage of new homes in this price range. Seller will consult on the whole project.
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.