Tempe, AZ - Real Estate Investment Home

We just purchased (8/14/2008) another real estate investment home in Tempe, AZ from the public Trustee auction:

717 W. Manhatton Dr.
Tempe, AZ 85282

Before listing this Tempe, AZ home for sale, the house will require a light rehab (landscaping, interior painting, new bathroom counter tops, and updated fixtures) and is currently in the process of being rehabbed.

The project, if it remains on schedule, should be completed before September 1st, 2008. The budget for this home is roughly 15k, plus Realtor commissions, auction fees, utilities, and holding costs. Upon completion, we will be listing the remodeled home for resale within the next two weeks!

We will be looking to resell this property for roughly 250k. Updates will follow!