Friday, October 16, 2015

Wholesale Deal of the day ... 6853 N. 36th Drive Phx

Wholesale Deal of the day ... 6853 N. 36th Drive Phx
Cute red brick 4 bed, 2 bath, 1962 sq ft (last listing shows 2248sq ft), corner lot with 2 RV gates and fire place.  Close to Grand Canyon University, Brewers Spring Training Facility, lite rail, and freeway access.  Up and coming flip friendly area ... investors are purchasing and bringing to market ... check out 3742 W. Cavalier in the comps/CMA below.... PURCHASED at $138k and on market at $208k.  Be sure to look at the comparables link below - all of the purchases over the past 6 months have been by investors looking to turn good product.  Several rehabs happening in the area and only 3 active listings.  This is a base hit type of deal.
As always, buyer pays all closing costs and first $2500 non-refundable earnest money deposit to Kim Gritz at First American Title wins.




Wholesale price:  $125k
Rehab:  $15k
Estimated ARV:  $185k
See pics, comparables link, and CMA below.

Comps:
http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=15ayrjdepozo&s=12&id=1&cid=1













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