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Updated over 3 years ago on 08/02/2021. Most recent reply

17
Posts: 0
Votes

Hal ReniffPoster

Investor
Long Beach, CA

Real Estate Deal Analysis & Advice

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

Hal ReniffPoster

Investor
Long Beach, CA

Posted August 02, 2021 07:53

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.