98 Private Drive 1781 Drive

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98 Private Drive 1781 Drive

Chama, NM 87520
Asking Price
$80K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The 2.6-acre parcel is listed for $79,900.
  • This vacant land asset is located in Chama, New Mexico.
  • The property is situated within the 87520 ZIP code area.
  • Chama is positioned in the mountainous region of Northern New Mexico.
  • The site represents a development opportunity in a rural landscape.

What's Special

Priced at $79,900, this 2.6-acre parcel of land is situated in Chama, New Mexico. The property provides a blank canvas in a region known for its mountainous terrain and proximity to outdoor recreational areas. Chama serves as a gateway to the southern Rocky Mountains, appealing to those seeking space in a rural setting that balances natural beauty with access to local amenities. Given the site dimensions and characteristics of the 87520 ZIP code, the land is suitable for a variety of residential or recreational development projects. Investors looking for a foothold in this scenic Northern New Mexico corridor will find the location conducive to quiet, private land use. The site sits within a growing region that continues to attract interest from those focused on long-term land acquisition in the high desert landscape.

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NOI
$80,000
Cap Rate
100.13%
DSCR
16.86
Strong
Cash-on-Cash
313.96%
Monthly Payment
$395.302
Annual Cash Flow
$75,256.381

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