Analyst Research

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Provider: Reuters Investment Profile
$20.00

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Accredited Business Consolidators Corp Updates On Land Purchase In Bluefields, Nicaragua


Thursday, 7 Feb 2013 12:01am EST 

Accredited Business Consolidators Corp announced that it finalized the purchase terms of 134 acres of land on the Bahia de Bluefields (Bay of Bluefields). The terms of the purchase are $9,842 per acre, for a total purchase price of $1,325,000. The present owner will finance the property pursuant to a ten year mortgage note at 6.75% interest. AccreditedBiz may obtain alternative financing at any time. The land purchase will close on April 1, 2013. The Bay of Bluefields provides direct access to the El Bluff/Bluefields Port and the Caribbean Ocean. Many imports to Nicaragua arrive at El Bluff and are taken on smaller boats to the El Rama Port for transportation by ground vehicle to Managua. Many of these boats pass near the AccreditedBiz property as they travel to the Escondido River. 

Company Quote

0.0019
1.0E-4 +5.56%
29 Jul 2014