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Updated over 8 years ago, 07/09/2016
Phoenix Fix and Flip in a HOT area,
Fix and flip in highly desirable Dobson Ranch. Houses in this area are going FAST. This is a large house with a great layout and a big lot.
Price: $170,000
ARV: $280,000 - $290,000
House needs A/C unit, new roof, and a full interior and exterior remodel.
Property is currently occupied, please do not disturb the tenants. Tenants will be out prior to close of escrow.
Comps:
2730 S. Yucca Ave. 4/2, 2,066 sqft. Sold for $276,000 on 4/08/16.
2309 S Alta Vista Circle. 3/2, 1,633 sqft. Sold for $278,000 on 5/04/16.
1716 W. Monte Ave. 4/2, 1,869 sqft. Sold for $284,000 on 6/24/16.
Pictures:
https://goo.gl/photos/HYZN6HhrSe4JB2pi6
*Matt Morgan has equitable interest through an executed real estate contract. $4,000 non-refundable earnest money due upon execution of assignment contract. Close date is August 1, 2016. Buyer to assume all closing costs. House is sold as-is and buyer to perform own due-diligence.