Hello Guys, I got a zombie here, there is another price reduction on this Scottsdale 1 acre ranch property..
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3rd PRICE DROP!! PROPERTY MUST GO!
Horse Property in the heart of Scottsdale: Offered as Wholesale
6120 E Shea Blvd, Scottsdale AZ 85254
(For additional Information Click on the property image)
Wholesale Price Reduced!: $417,000.00
$358,000.00
EST Rehab: $30,000.00
ARV: $500,000.00 +
Lot Size: 37,462 Sq. Ft. (.86 Acres)
Sq. Ft: 1500+
3 Bed 3 bath
Amazing Location!! Investor opportunity in the Heart of North Scottsdale! .86 Acre corner lot, horse privilege property with frontage on Shea Blvd (and access from both Shea AND 61St). Purchase Price reduced to $358,000.00 - Already $140k in equity, est 30K rehab. Or capitalize adding square footage on the existing floor and flip for 690k like the property next door. Current estimated ARV $525,000.00! Zone RE-35 (allows for guesthouse and group home development). This is a great opportunity for a fix & Flip investor looking for a quick turnaround. Needs work but has loads of potential, roof is in excellent condition, A /C works great, tile floor and all the advantages of a property with horse privilege, Phoenix taxes with Scottsdale address... LOWEST PRICE IN THE AREA BY OVER 100K ... Private access from Shea Blvd AND 61st St. Property is being sold "AS IS". Call us for additional information and access to the property.
For additional pictures please Click Here. 6120 E Shea Blvd THIS PROPERTY NEEDS TO MOVE, NO REASONABLE OFFERS WILL BE IGNORED..
Estimated ARV
Given the size of the structure and the properties around the area there are no exact comps the closest similar properties found according my realtor and my appraiser begin at around 2300 Sqft (with the exception of 1), we could only come up with 1 property with similar square footage which happens to be across the street and also needs rehab currently listed for 474K. We estimated value according to previously sold and recently sold properties within a .5 mile radius, also taking in consideration the size of the lots, location and recent upgrades. The estimated ARV for 6120 E Shea is at around $520,000.00 based on the following Properties.
Previously sold (longer than 6 months)
6408 E Clinton St, Scottsdale AZ: Sold for $625,000.00
Sqft: 2368 – 3B/2B - .8 Acres
6115 E Mescal St, Scottsdale AZ: Sold for $755,000.00
Sqft: 2839 – 5B/3B - .9 Acres
6119 E Gold Dust Ave, Scottsdale AZ: Sold for $625,000.00
Sqft: 2463 – 4B/3B - .79 Acres
Recently Sold (Within the last 6 Months)
6522 E Gary Rd Scottsdale AZ: Sold on 08/14/2014 for $529,000.00
Sqft: 2400 – 3B/2B - .79 Acres
6521 E Gary Rd, Scottsdale AZ: Sold on 05/23/2014 for $593,000.00
Sqft: 2400 – 5B/4B - .79 Acres
Currently Listed for Sale
6134 E Shea Blvd, Scottsdale AZ: Listed for $474,000.00
Sqft: 1350 – 3B/2B - .82 Acres
Needs Rehab and Perimeter Wall.
6220 E Clinton St Scottsdale AZ: Listed for $630,000.00
Sqft: 2585 – 4B/2B - .99 Acres
TERMS:
* PRICE IS NET TO SELLER, BUYER TO COVER ALL CLOSING COSTS.
* REALTORS ADD YOUR FEE.
* NON-REFUNDABLE SECURITY DEPOSIT OF $2,500.00 REQUIRED TO SECURE THE PROPERTY.
FOR ACCESS TO THE PROPERTY PLEASE CALL RAFAEL: 480 336 2704- [email protected]
www.prosperawholesale.com
Download Contract Package
Submit an offer via e-mail at: [email protected]
FOR ACCESS TO ANY OF THE PROPERTIES PLEASE CALL: Rafael Cortez - 480 336 2704 - [email protected]
