Albuquerque Journal (Albuquerque, NM)

Country Club Cuts Price $1.5 Million.

Byline: Journal Staff Report


RIO RANCHO The price of the Rio Rancho Country Club has come down more than 25 percent since it went on the market in December.

Some potential buyers are interested.

The price for the club in November was $5.7 million, said Roger Garrett, who handles golf properties for the CB Richard Ellis office in Phoenix and is handling the proposed sale of the Rio Rancho club.

Garrett said Wednesday the price for the club had been lowered to $4.2 million at the request of the owners, RRCC.

"We're talking to people, but there's not a sale pending," Garrett said. …

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