Mesa AZ STR Sleeps 16 with Heated Pool
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $545,000
Cash invested: $250,000
STR. Sleeps 16 with heated pool and game room.
What made you interested in investing in this type of deal?
Low supply of 16 person STR's in market
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
1031 and DSCR
How did you add value to the deal?
paint everything, wallpaper, replace fixtures
What was the outcome?
Cash flowing property
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Realtor: Jeremy Holden
Lender: Grant Schroeder w/Movement Mortgage