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Updated over 6 years ago on . Most recent reply

User Stats

14
Posts
1
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Jeremy Thrasher
  • Glendale, AZ
1
Votes |
14
Posts

Instant Equity $70,000 +18%CashonCash 4plex Glendale AZ Motivated

Jeremy Thrasher
  • Glendale, AZ
Posted

This solid fourplex C-Class property is located a few miles from the prestigious Westgate Entertainment Center. The unit mix consists of three 1-bedroom units and one 2-bedroom unit. It is currently priced $70,000 under market based upon comparables I can supply. You will walk in with an instant $70,000 profit. Owners are very motivated to close quickly.

Rents are at or near market rates with potential to be raised 10% to 15%.

The building has strong bones made from a brick foundation. This property is professionally managed and has been designed with tenant use in mind by using long lasting materials to reduce expenses such as tile floors, little to no carpet, and vinyl counter tops. Minor repairs are optional to increase curb appeal such as landscaping and new paint but, are not required due to a waiting list of tenants.

Please message me if you have an interest. Seller is very motivated to close quickly.


Jeremy
Cell: 916-501-5038
Email: [email protected]

Offering

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