AMREP Corporation operates in the real estate business, primarily selling developed and undeveloped lots to homebuilders and property developers through two segments- Land Development and Homebuilding. The company owns approximately 17,000 acres in Sandoval County, New Mexico, and owns mineral interests covering an area of around 55,000 acres of land in Sandoval County. AMREP Corporation also focuses on selling single-family detached homes and attached homes.