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Updated over 5 years ago,
New Mexico Land Investing
Hi BP Members,
I've been given the opportunity to purchase some vacant lots in New Mexico. The lots are in undeveloped subdivisions located in Luna County and Sandoval County. I've seen pictures of the lots and they are between a .25 to .75 of an acre and they are currently zoned for SFR.
Does anyone know how the real estate market is in those areas? I'm looking to possibly buy some lots as a buy and hold investment.
Thanks