Wednesday, June 15, 2016

*** Discounted Commercial Wholesale Package Deal **** 1301-1303 W. Grant Street, 1305-1309 W. Grant Street, AZ

*** Discounted Commercial Wholesale Package Deal **** 1301-1303 W. Grant Street and 1305-1309 W. Grant Street, Phx, AZ 

Seller needs the property gone. 

1301-1303 W Grant st - Was a bar (AmVETS bar) 2400 sq ft, 14k square foot lot, zoned c-3, new plumbing, new commercial electrical panel.  New lease as been negotiated for $2200/mo for this space. Tenant has converted the space into a retail store and is DJ that provides services for weddings and birthday parties.
1305-1309 W Grant st - Triplex (quite a bit 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.  Needs some electrical updates.  SEE UPDATES FOR ELECTRICAL PLANS BELOW


Wholesale price:  $240,000
 First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs. 
 

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:





















 Electrical Plans:





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