Over $2000 monthly cash-flow in "hot" Phoenix area- price reduced, now up to 8% return!

Friends,

This is a great investment deal- NOW getting even better!

Location: Downtown Phoenix*
- less than 1 mile from the University campus (ASU Medical School) *
- less than 1 mile form the new Artist Quarter *
- homes and buildings all around are being upgraded or torn down by developers with new buildings     being built.*
- close to downtown Phoenix commercial district (multiple corporate headquarters)*

What this could mean for YOU:
- young professionals as renters,
- long term students or campus employees as renters,
- future appreciation as the whole area is upgraded
- future options for selling to a developer in a few years time!

About the four-plex:
2- 2bedroom/1bath units- rented for $725 and $775 monthly
2- 1 bedroom/1 bath unit- rented for $525 and $575 monthly.
Lot- 9400sqft!

Upgrades:
New plumbing, new electricity, new lighting, new roof, new four modern bathrooms and kitchens, new walls, paint, doors, all new tile and laminate flooring, new painted exterior and desert landscaping of the whole lot, appliances and A/Cs for all four units.
   

902 N. 8th St., Phoenix, AZ (off market)

Reduced FINAL sales price: $299,900!

 ((professionally appraised at $325,000)

                                             Current gross annual income: $31,500

                                              Estimated annual expenses: $7126

                                      

                                          Estimated annual NET income: $24,374

                      Estimated   ROI for cash purchase:  8.12%!

Cash investors will be preferred! Invite a good friend to partner with you!

This is a "one in a blue moon" investment  deal!

Loan investors will be accepted too, contact me for our recommended loan broker information.

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* Area information:

Downtown Phoenix is BOOMING!:

http://dtphx.org/business/development-business-research/http://downtownphoenixjournal.com/2015/04/14/building-a-vision-for-downtown-phoenix-living/

ASU downtown Campus- 11,500 students:
https://www.asu.edu/tour/downtown/
https://vimeo.com/128213931

Artists District in Downtown- http://www.rooseveltrow.org/about/roosevelt-row-arts-district/

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Information deemed to be reliable but not guaranteed. Investors are advised to conduct their own due diligence before purchasing.

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Naomi Salpeter is a licensed Realtor in AZ with West USA Realty.