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Jeremy Thrasher
  • Glendale, AZ
1
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Instant Equity $70,000 +18%CashonCash 4plex Glendale AZ Motivated

Jeremy Thrasher
  • Glendale, AZ
Posted Aug 8 2018, 21:19

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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14
Posts
1
Votes
Jeremy Thrasher
  • Glendale, AZ
1
Votes |
14
Posts
Jeremy Thrasher
  • Glendale, AZ
Replied Feb 22 2019, 20:55

For everyone who missed this deal, here another great fourplex deal. Follow this link to the Biggerpockets post or contact me at [email protected]. Thanks.

https://www.biggerpockets.com/forums/517/topics/676747-instant-equity-27-000-13-cashoncash-4plex-phoenix-az-rare?highlight_post=4000468&page=1#p4000468

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165
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Curtis Harvey
  • Investor
  • Top of the World
39
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165
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Curtis Harvey
  • Investor
  • Top of the World
Replied Mar 3 2019, 20:34

Instant $70K plus 18% 4 plex

PRICE$198,000
LOCATIONP.O. Box 5473, Glendale, AZ, 85301
PROPERTY DETAILSUNIT: 1
  • Current Rent: $650
  • Occupied: Yes
  • Bedrooms: 2
  • Bathrooms: 1.0
UNIT: 2
  • Current Rent: $550
  • Occupied: Yes
  • Bedrooms: 1
  • Bathrooms: 1.0

UNIT: 3

  • Current Rent: $550
  • Occupied: Yes
  • Bedrooms: 1
  • Bathrooms: 1.0

UNIT: 4

  • Current Rent: $550
  • Occupied: Yes
  • Bedrooms: 1
  • Bathrooms: 1.0

  Is this property or any like it still available?

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