11 Cherokee Cir
Belen, NM 87002
3
Bedrooms
2
Bathrooms
1,400
Sq Ft
1988
Year Built
About This Property
11 Cherokee Cir Belen, New Mexico 87110 2.95 Acres Turn-Key Manufactured House The property includes a 3-bedroom, 2-bathroom Titan manufactured home. Recent updates include: New water lines, plumbing, and hot water heater. New furnace and swamp cooler. Updated roof. Upgraded Well Pump WATER RIGHTS PORTFOLIO The property includes three distinct types of water rights, providing long-term security: Pre 1907 Ground Water: 1.26 acre-feet. Irrigation Surface Water: 3.00 acre-feet. Residential Ground Water: 3.00 acre-feet. GARDEN INFRUSTRUCTURE AND SECURITY Automated Greenhouse: 35 x70 exterior light deprivation greenhouse with two 100A subpanels on a dedicated 200A service. Featuring a 6 x30 water wall, three 52 exhaust fans, Reznor 200,000 BTU propane heater, two mounted backup 5000W industrial electric heaters, two Quest 335pint high efficacy dehumidifiers, 40 Fluence LED 600w bars, Ubigro quantum dot greenhouse film, ten 4 x25 Grass Roots no-till beds filled with Build-a-soil 3.0 soil, Blu Mat automated irrigation system and a 25 cu/ft freezer. Propagation Greenhouse: 20 x50 greenhouse. Outdoor Garden: Dedicated space with 136 - 300-gallon fabric pots and an 8-zone automated drip system connected directly to the well. Two 2000-gallon reserve reservoirs. Expansion Potential: 1-acre field available in front. Security: 1-acre enclosed with 8' chain link, alarmed laser beam perimeter system, and 24 cameras monitored by The Alarm Store. STORAGE STRUCTURES Container 1: 8 x40 alarmed, insulated reefer featuring a climate-controlled 8'x8' office, two mini-split head units, dedicated electrical subpanel with 110V and 220V outlets. Equipped with unistrut. Quest 225 pint dehumidifier, Ideal Air 180 pint portable dehumidifier. Container 2: 8 x40 alarmed, insulated reefer with a dedicated subpanel, 110V and 220V outlets , mini-split, 7x8 conex box internal vault, and unistrut. Quest 225 pint dehumidifier, Ideal Air 180 pint portable dehumidifier. Container 3: 8'x48' fully insulated reefer for storage with a dehumidifier and mobile AC unit; currently without electrical. Shed: 12 x16 alarmed, fully insulated shed with electrical and AC. INHOUSE FINANCING Seller Financing: In-house financing is available to qualified buyers with a structured down payment, 30-year amortization, and a balloon payment in 10 years.
Property Details
Property Type
Single Family
Year Built
1988
HOA
None
Listed Price
$650,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Belen
What is owner financing for 11 Cherokee Cir?
Owner financing means the seller of 11 Cherokee Cir acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Belen, NM is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Belen home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Belen property.