Updated almost 3 years ago on .
Buy,Hold, and Develop in Downtown Phoenix
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $415,000
Cash invested: $45,000
Currently, there is just one single family home on the lot but it is zoned for multifamily. We set the home up for short and mid term rental and will be building a duplex on the back half of the lot this upcoming year.