Short Sale Property Phoenix Area

September 01, 2012  //  Posted by: Jimmy Houston  //  Category: Phoenix Short Sales

phoenix short saleshttp://www.tourfactory.com/s907310/r_www.youtube.com —– For more information, contact: Fred Weaver Kevin Kauffman, 602-323-4776, Keller Williams Arizona Realty —– This is the home of your dreams. Right off Dear Valley and 35th ave this home is in the perfect location for shopping entertainment, freeways and anything else you w ill need. You w ill fall in love with the huge living room that you enter into. The beautiful kitchen is spacious and opens into the family room. This home is beautiful and move in ready. You do not w ant to miss out on this home!!!*All offers are contingent upon an agreement between the seller and sellers lender(s), acceptable to both, to sell the premises for less than the sellers loan amount(s) and payoffs.*

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Phoenix Real Estate | 7 Plex – 34th St and Fillmore | Investment, Cash Flow Rental!

August 29, 2012  //  Posted by: Jimmy Houston  //  Category: Phoenix Rental Property

phoenix rental property7 PLEX (34th St & Fillmore) 1 House plus 6 Units

VITALS:
4 Building (2 Parcels) 4,900sf Living Area
14,000sf Lot Size 6 Parking Spaces
Built in 1947 Taxes: $2,128
PURCHASE PRICE: $190K (65k Down, 125k OWC)
CAP RATE: 12%

RENTS: Five of Seven units are currently rented with Property Manager Onsite. Brings in $2,500/month
1- 3 Bedroom/1 Bath Rents $500 (Property Manager lives there and pays utilities) 800sf
5- 1 Bedroom/1 Bathroom Rents $500.00 Average Square Feet 700sf
1- Studio/1 Bathroom Rents $400 Average Square Feet 600sf

View Pics:https://picasaweb.google.com/imyourlink/3442EMelvin?authkey=Gv1sRgCIqWhunBgoWYUQ&feat=directlink

TERMS:
65k Down – Owner will carry 125k at 10% for 9.5 years – Payment to be $1041.66 a Month plus utilities, taxes and insurance – Upside: once all units rented $3,400 potential income, Prop. Mgt in place along w/ Maintance mgr – Centrally located by the 202, 10 mins from Tempe, Downtown and Airport -

Open escrow with $3000 non refundable earnest deposit with Chicago Title Agency (Diana Jackmann) Phone:480-998-9298. Cash or Hard Money only. Property comes in “AS-IS” condition. Buyer to pay all closing costs

Contact us at 602.456.0034 for more information

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