Price Reduction on 112,650 SF Manufacturing/Warehouse Las Cruces, New Mexico

img_5577The price for a major Manufacturing/Warehouse facility in Las Cruces, NM  has been reduced again! The sale price for the  Parkview Metal building here in Las Cruces has been reduced to $$3,650,000, and is very close to the loan balance.  A qualified user could assume the loan with very little down.  The interest rate on the loan is tied to LIBOR and is currently below 4% The property could be purchased with no down payment. The assumable loan is an Industrial Revenue Bond and therefore has an interest rate well below market. The new price and the assumable financing make this opportunity a real value. To refresh your memory I have listed the specs of the property below:

112,650 Total Square Feet
11. ± Acre Site
West Mesa Industrial Park (WMIP-I) Industrial Zoning
29.’ Clear Height
3. Overhead Cranes
Immediate Interstate Access / Frontage

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