Archive for May 2009
You are browsing the archives for May 2009.
Price Reduction on 112,650 SF Manufacturing/Warehouse Las Cruces, New Mexico
The 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…
