1301-1303 W Grant st - Was a bar (AmVETS bar) 2400 sq ft, 14k lot, zoned c-3, new plumbing, new commercial electrical panel. New lease being negotiated for $2200/mo for this space.
1305-1309 W Grant st - Triplex (lots of work already done).
Previously rented for $650, $650, and $1800 mo ($1800 space includes a
basement, mechanic space in back, 2 baths, 2 bedrooms, and 2 kitchens). Potential for 4 unit with small rehab. Property is Zoned C-3.
734 S 13th Ave - Land - Zoned Multifamily. Month to month lease in place for $700/mo.
This is a package deal because the bar was constructed on the property line. Currently sitting at 18% CAP rate. With improvements and addition of small apartment complex, there is more profit potential.
Wholesale price: $325,000
First signed contract and $5000
non-refundable deposit to title wins. Buyer pays all closing costs.
See pics and fun disclaimers below:
See pics and fun disclaimers below:
Fun Disclaimers:
All Prices based on cash sale with $2500 non-refundable deposit to secure property.
IMPORTANT INFORMATION
- All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.
- One of managing members is a licensed Real Estate Agent in the state of Arizona.
- If estimated values are provided, they are based on interpretation of MLS and Tax Data.
- Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
- Price is net to seller and Buyer pays all closing cost
- Buyer agrees to double close of escrow
Investors/buyers
are encouraged to conduct their own due diligence. The members of the
selling entity are not tax or financial advisers. You should consult
with a certified financial and/or tax adviser on any investment you are
considering. Buyer pays all closing costs.
Pics:
No comments:
Post a Comment