Tuesday, May 12, 2015

Wholesale deal - 4311 E. Earll Phx



Executive Summary:


4311 E. Earll is sitting in the Arcadia light area in the heart of the most desirable school district and just outside the Camelback corridor. This is one of the hottest markets in Phoenix and buyers are looking for modern move in ready homes.
The game plan is to open up the main floor plan, adding 800 square feet to the Master Suite and a 2 car garage. We have done all the heavy lifting. The plans have been approved by the City and are ready for pick up, and the house has been demolished. Potential for $100k profit!  See comps below.

Financial Details

Wholesale Price: $325,000
Rehab Budget: $180,000 (Contractor bid and plans available upon request)
Estimated After Rehab Value: $625,000 - $635,000

Property Details

Property Address:  4311 E. Earll, Phoenix, AZ
Square Footage: 2,086, expanded to 2,800
Lot Size: 9,827
Built: 1951
Bedroom: 4
Bathroom: 2.75


 


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