The quickly deteriorating Santa Teresa Country Club had no approved buyers at an auction held this morning. State of New Mexico officials tried to sell the club to recoup hundreds of thousands of dollars in back taxes owed for the property.
One bidder tried buying the property for $20,000, but officials deemed the bid too low to recover tax money never paid by the current owner. Officials will try to seel the country club again on October 17th, the third attempt this year.
Residents in the surrounding neighborhoods have been arguing for a while now that the state of the golf club has hurt property values, and many have tried selling their homes in order to move elsewhere.
Read the story at the Las Cruces Sun-News.
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