Happy Labor Day Weekend! I have a special treat for your reading pleasure, it's the INCREDIBLE saga of the most extraordinary real estate deal in the world.
Longtime readers know that I've done some large creative financing deals for my clients -- even when the market was booming and supposedly it was "impossible" to get these types of deals done. I'm proud of my track record of putting together multi-million dollar deals that required creative solutions.
However, I didn't realize what I piker I was until I read this story...
It's a $1 BILLION property atop Beverly Hills that was bought for... NO MONEY DOWN. It's been coveted by everyone from the Shah of Iran to Merv Griffin and Brad Pitt. And it's still never been developed! To read this extraordinary story please click here. ***
Would you like 5x the income of the S&P 500's dividends, without crazy volatility?
I've got access to quality deals from $50,000 - $1,500,000 and they will never make it to the MLS. These are cash flow properties, not speculative "hope that prices increase" deals.
If you're looking for cash flowing income property, just reply to this email.
Your time will be respected, and you'll only be contacted about investment properties that meet your specifications.
*** Closings Paradise Valley bounced back from the unusually slow week last week, with $17.9 million in closings. The average price was $2 million, and $384 per square foot -- very health numbers indeed.
The average property was constructed in 1990, so the per square foot numbers look especially robust for 25 year old homes. Listings
There were 7 new listings last week, ranging from $1.1 to $3.2 million. One home is already under contract.
Just one home really stands out this week:
Car Collector's Dream Home
Garage storage for 9 cars between the 3 car attached to the house, and a separate 6 car garage -- with private office. This unique 4 bedroom home has a wine cellar, lovely pool, and a Chef's kitchen. Offered at $2.6 million.
--> Click here for details
To see all of this week's new listings please click here.
To see everything on the MLS in Paradise Valley please click here.
That's all for this week, I'll be back next week with all the latest in Paradise Valley real estate.
Thank you,
Alex Goldstein(480) 442-7325
p.s. Have you signed up for the VIP list? Click here for priority notification about unlisted properties, and opportunities that meet your specifications. We'll only contact you about properties that meet your specific criteria, and there is never any obligation.
(c) 2015 Alex Goldstein PLLC
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