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532 S Mesa Dr $600 Cash Flow

Before Renovation

This is an excellent opportunity to own “one” 3-plex or all “three” 3-plexes for a total of nine units.  Each 3-Plex is selling for $120,000 or all three for $360,000.  We’re closing on these properties on 6/5/2009 and will be doing a complete renovation on each property.  The picture doesn’t look great but after we’re doing this place will be exceptional.  The units are all 2 bedroom and 1 bath and are roughly 900 square feet a piece.  There are two units on the bottom floor and 1 unit above.  We believe that these properties are worth $150,000 to $180,000.

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