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Updated over 3 years ago on . Most recent reply

Hal Reniff's profile image
Hal Reniff's profile image
Hal Reniff
  • Investor
  • from Long Beach, CA
  • Member since Jun 24, 2021
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Hal Reniff's profile image
Hal Reniff's profile image
Hal Reniff
  • Investor
  • from Long Beach, CA
  • Member since Jun 24, 2021
Connect
Hal Reniff
  • Investor
  • Long Beach, CA
0
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17
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Real Estate Deal Analysis & Advice

108 S. 7th street Buckeye, AZ Buyan d Hold

Hal Reniff
  • Investor
  • Long Beach, CA
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment in Buckeye.

Purchase price: $325,000
Cash invested: $120,000

We purchased this 6 plex which is across the street from an elementary school. It was condemned and being squatted on by meth users. We cleaned it up, rehabbed, refinanced and have it fully rented. The neighbors are constantly giving us praise for beautifying the community. Washers and dryers in every unit.

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