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> Discovery Gateway
Spectrum (Phase I)
> Discovery Gateway
Spectrum (Phase II)
> Las Vegas
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Rick
Phillips, CCIM
Vice President
916-677-8139
Phillip J. Hince
Industrial Associate
916-677-8152 |
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PACIFIC TECHNOLOGY SPECTRUM
Industrial Condominiums - Roseville, California
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SALES PROGRAM
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- Condo
units from 4,512 to 7,296 SF are
available for sale
at a rate of $92 per square foot,
"cold shell" condition.
An
$8.00 per square foot allowance
will be added to the shell
rate for tenant improvements. CC&R's
are provided with an
owner association in place to maintain
long term value and
ensure the integrity of the business
park.
- Excellent
SBA Financing is available through
Bank of the
West, US Bank or Wells Fargo. Condominiums
can be
purchased with a minimum 10% down
payment using SBA
"504" financing which
was created by Congress to stimulate
business and give small companies
a chance to own their
own real estate. The underwriting
requirements are liberal
and many start up companies can
easily qualify. The program
combines a first deed of trust from
a local lender in the
amount of 50% of the purchase price
with SBA financing
secured by a second deed of trust
in the amount of 40% of
the purchase price. The buyer then
invests 10% in cash
equity and pays loan fees and closing
costs. With interest
rates as low as they are, the monthly
payments are well
below market rents.
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