• Belen, NM 87002

  • Other / Rent To Own

Property Details for null St, Belen, NM 87002

Facts

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Value Add: Commercial Building, 2 Billboards and 3 Houses on 2.58 acres of commercial land. Metal building is a former portable classroom which needs utilities connected and is currently used for storage. Property is cannabis friendly and has a well. One home is currently leased, owner will vacate one home.Expected house rent $3,000 per month.Expected Billboard rent $2,000 per year.

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Property Brokerage: exp realty, llc 100 Sun Avenue #650 Albuquerque NM 87109
Copyright © 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.