Elk Lodge VRBO in Payson, AZ

[Tina Lee]

Investment Info:

Other buy & hold investment.

Purchase price: $670,000
Cash invested: $670,000
Sale price: $670,000

Payson Home Purchased for VRBO. Great rental property backing up to 100 miles of the Tonto Forrest. Excellent for outdoors, cabin seeking, vacationers.

What made you interested in investing in this type of deal?

Sold to seasoned investors, for gorgeous cabin VRBO.

How did you find this deal and how did you negotiate it?

Helped seller purchase home, did an off market deal with buyer and seller.

How did you finance this deal?

They used cash.

How did you add value to the deal?

Helped facilitate off market sale to help all involved.

What was the outcome?

Both parties happy.

Lessons learned? Challenges?

Excellent transaction. Payson does have some different environmental things then homes in the valley.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Excellent Title Company Security Title.