2014
Having been blessed with our first property, and a responsible property manager, we went about business proper, and began our first two fix-and-flip projects: Estates at Arcadia, and Sanctuary in Tempe.
02. Estates at Arcadia - Sold
3406 N 38th St, Phoenix, AZ
Courtyard-style 15-unit apartment building in the Arcadia neighborhood near the Camelback Corridor and Biltmore Shopping District. We redesigned and re-positioned it, bringing it to market earlier than projected, and much above projected returns.
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Total return: 145%.
03. Sanctuary
1029 S Wilson St, Tempe, AZ
Located in Downtown Tempe, four blocks from Arizona State University's main campus.
We remain proud owners of this 13-unit single-level apartment complex, each with a private patio, and parking space.
We have more than tripled the property's value, refinanced and returned all partners' equity capital, and it keeps on giving,