Wholesale Price $295,000 OBO
ARV $300,000 – $330k Per Door

South Mountain Development Opportunity

Baseline Road & 7th Street

Wholesale property description:

• 369′ (frontage) x 100′
• R1-6 Zoning: 55′ min Frontage
• 38,768 Sqft Lot
• No Impact Fees
• Current House 1,447 sqft Living Area 

Strategy

• Split existing structure off with 83×100 Lot. Put 30k and sell at 270k. Be into remaining lots for $75,000 (15k per raw lot). Split remaining parcel into (5) 60×100, as estimated above).
• Newer Product selling at 300-330k

Infrastructure

• Sewer – Requires a mainline extension off South Mountain
• Water – Requires a mainline extension off South Mountain
• Will require 6″ vertical curb and gutter on 8th St
• COE 8/31
• Vacant at COE – Call for Access

Wholesale Price: $295,000 OBO
ARV – $300,000-330,000 Per Door

744 E South Mountain Ave, Phoenix AZ 85042

Call/Text Andy at 602-717-6656

NOTE:
$5,000 Non-Refundable earnest money to be deposited by NOON of the following day or contract will be cancelled. 

Realtors:
If you are working with a client and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client that is separate from the wholesale price. Or you may adjust the wholesale price upwards to include your commission.