• Estimated Value See Price
  • Estimated Value: $170,961
  • AVENUE D LOVINGTON, NM 88260

  • Single Family Home / Rent To Own

Property Details for AVENUE D St, LOVINGTON, NM 88260

Facts

Description

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.

Large Commercial / Retail Building With A Great Location. Located At The Busy Intersection Of Ave D & 5th In Lovington,This Building Was Originally Built As A Circle K. Building Has Been Used For Various Other Retail Purposes Over The Years But Still Has Many Of The Characteristics Of Those Iconic Circle K's Of The 1970s And 1980s. Building Is Solid But Does Need Some Renovation,Including Eradication And Clean Up Of Pigeons Which Have Infiltrated The Awning And To Some Degree The Inside Of The Building As Well. Property Also Has A Large Ice Machine Business Which Is Not Included With The Sale. Owner Of Ice Machine Will Pay Rent To Purchaser Of Property Or Might Consider Selling The Ice Machine Business As Well For An Acceptable Price.

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