Sells to Highest Bidder at Auction at or Above $15,000
Bid Online at auctionnetwork.com
Ruidoso Hondo Valley Memorial Park is a 4.22+/-ac cemetery nestled next to the Rio Ruidoso along I-70 in Ruidoso Downs, NM. The memorial park is categorized as an endowed-care cemetery consisting of 3,326 plots. Currently 3,082 (92.4%) of the plots are unsold. A percentage of sales, as defined by statute, must be paid into to the endowment to maintain the aesthetics of the grounds. Additional income streams include Caskets, Urns, Wall Niches, or Columbaria Inground Niches (holds up to 10 urns), Grave Markers, Burial Services, Surveying Plots, Opening & Closing Grave Sites.
Conveying with the sale will be a tool shed, riding lawnmower, utility trailer and several assorted grounds keep tools. The new owner shall also have water rights through Lincoln County. The site has a functioning well and sprinklers.