331 W Edgemont Ave. ++++SOLD++++

$ 382,500.00

  • Date added: 01/11/18
  • Bedrooms: 3
  • Bathrooms: 2
  • Area: 2361.7 sq ft

Description

Huge spread on a 2,360 Square Foot home in Willo Historic District!

Gorgeous red brick located in the highly sought after Willo Historic District. This 3 Bed, 2 Bath, 2,132 square foot main home was built in 1948 with a 230 square foot separate guest studio with a bath for a total of 2,362 square feet! This unique house has charm written all over it. There is an opportunity to add a huge master bed and bath to bring this property to its full potential all done under the existing roof! Based on the current market, the after repair value for this home starts at $600K and only goes up. New roof, plumbing, electrical and central air conditioning unit. Big ticket items are done, let’s make this house shine!

Purchase Price: $382,500
Rehab Costs: $82,600
After Repair Value: $600,000+
Funds Needed: $100,000
Investment Duration: 6 months
ROI: $25,000+

The Phoenix Market

There are many reasons Phoenix presents a desirable real estate investment opportunity. Here are a couple highlights:

  • Close in proximity to Los Angeles
  • Low risk, stable market with appreciation opportunity
  • Good year-round weather
  • Preferable climate attracting many retiring Baby Boomers
  • Consistent population growth with high housing demand
  • Favorable business climate attracting diverse economy
  • Very competitive cost of living

Investing Made Simple

As local investors with “boots on the ground,” we serve as the primary resource for our partners. This allows our partners to be as hands on or hands off as they prefer. In addition, we have assembled a complete team to assist from initial purchase to ultimate sale. This team shares our same high level of integrity and desire for top quality, setting us apart from any competition. As an additional level of due diligence, we utilize our team to assess each deal. This not only helps us cover all bases, but also to minimize risk.

We keep investing simple. As a partner, you can expect the following from beginning to end:

  • Acquisition: first access to off market deals throughout the Phoenix Metropolitan area
  • Hard Money: access to several hard money lenders guaranteeing the most competitive rates
  • Construction: project inspection, design and management with premiere contractors in Phoenix
  • Sell: our renowned real estate agents are involved from acquisition and often market deals before completion to minimize days on market

Our aim is to make it as easy as possible for our partners!

The Team

Our expert team gives us a competitive edge!

Nick Leonard leads the team and is a licensed CPA in California with a decade of experience as a financial professional. Throughout his career, Nick has built strong banking relationships and has now taken his talents to the Phoenix real estate market. His experience includes single family wholesaling and flipping both in California and Arizona. Nick functions as the group’s project manager physically overseeing projects from beginning to end!

Our Personal Guarantee

Our group is committed to operating at the highest level of integrity and having transparent and honest working relationships with everyone involved. Our partnership is based on these values maintained through to our partners. As one of our partners, you have our personal guarantee from us that we will act as a fiduciary to serve the best interest of all parties involved from beginning to end. When you surround yourself with the best, you rise to their level.

Call Nick Leonard, Out of State Division at 424-260-6770

Or

Sam Sadat, President at 310-909-9188

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