Investment Opportunity in the growing town of Mountainair. Nice subdivision with desirable larger town lots, views of the mountains, several treed lots, protective covenants, and town utilities available. These residential lots regularly sell between $10,000 and $17,000 per lot. There are forty three residential lots and two 1 acre commercial lots available below market price. 25 developed lots with electric, water, gas, phone, and sewer at the property line. 18 undeveloped lots with utilities available through partnership with the town in bringing those in. 10% discount for cash purchase or seller financing with 10% down, 5% interest, and either 10 or 15 year term. Mountainair offers all the necessary amenities without the bustle of big cities. Great Opportunity at a Great Value!
Mountainair is located in New Mexico. Mountainair, New Mexico has a population of 1,128. Mountainair is less family-centric than the surrounding county with 20.72% of the households containing married families with children. The county average for households married with children is 21.47%.
The median household income in Mountainair, New Mexico is $24,471. The median household income for the surrounding county is $35,543 compared to the national median of $57,652. The median age of people living in Mountainair is 38 years.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 13.5 inches per year, with 19.2 inches of snow per year.