40% to 50% off on AZ developer close-outs
I am direct with two developers in Phoenix that are now accepting LOIs on
a
bulk purchase of their remaining units.
Both of these developers are open to selling their remaining inventory at
40% to 50% discounts off of market price. These are premium properties in
prime locations and will not last long.
North Phoenix- Purpose Built Upscale Condos- 17 units
Unlike the many condo conversion communities on the market today, this
community was built as condominiums and to condo specs. This is a
premiere,
landmark property and is the standout community in North Phoenix. It
features a large, luxurious resort clubhouse, state-of-the-art fitness
center, private movie theater/media center, granite counters, stainless
steel appliances, upgrades galore, and built to the highest standards.
The
developer is offering an aggressively discounted bulk purchase op****tunity
on 17 units to a bulk buyer who can purchase without a finance contingency
and close within 30 days.
Retail Price - $4,966,520 ---$220 per sq ft---Average of $292k per door
At 55% of market = $2,731,586---$120 per sq ft---Average of $161k per door
Incredibly Affordable Condo Conversion Bulk Close-Out - 28 units
Developer close-out for condo conversion community in a prime Phoenix
location at an unbeatable value. With newly renovated exterior touches
including beautiful stone facing accents and lush new landscaping, along
with Spanish roof tiles and warm paint tones. This spacious community
includes two pools, two Jacuzzis, a fully remodeled clubhouse and a new,
state-of-the-art workout facility. Bulk purchase is for the remaining 28
units which consist of 1 and 2 bedroom condos and 2 bedroom townhomes.
28 Remaining--- Units Retail---$3,116,200---Approximately $111 per door
Bulk Price: At 55 + 3 = $1,713,910 ($61k per door)
If you have cash buyers (no finance contingency) who can close quickly,
these are exceptional op****tunities. If you haven't already done so,
please
request more details on each project so you can see for yourself what an
incredible value each of these communities offers the savvy investor.
Visit www.azpowerbroker.com or email darren@[EMAIL PROTECTED]
for more
details.
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