Investment deals in Arizona

[Michael Ratzken]

Hi All,

I have 2 deals for investors out there

I have a client that is looking to see a fixer upper property in Tempe less than a mile from the largest university in the country Arizona State, We have discussed listing the property at 140k its a 4/2 1600sf home with decent sized back yard, most of the items appear to be cosmetic, kitchen, paint, flooring, landscaping ect (you would need to do your own investigating). probably need 35-45k in work, comps in the neighborhood go up to 220-235k if remodeled.

I have a home is near downtown phx with nearly an acre of land which is extremely uncommon. The home on the property is a tear-down, but the value is in the land for a potential builder to come in and subdivide and build homes, the owner is asking 175k

Feel free to email me for more info or questions at [email protected]