Downtown Phoenix Update

Well Downtown is really starting to heat up. Not only with our weather, but with new development. The light rail system is being installed right now scheduled to open December 2008. Check out more info here.
Also, with Arizona State University coming to downtown Phoenix we are going to see an influx of new students that are going to need somewhere to live. Downtown is still about 4-5 years away from being a REAL downtown with all the urban culture and shopping that most major cities have. Right now I think that our downtown lies in the biltmore area, but with all of the new condos, shopping, jobs, and ASU it will be the place to be. Contact me today about all of the options I have in the downtown area. Buying a little infill lot and building about 4 single family homes and keeping the costs low you could definetly make some good money right now.

Florence NEW Builds

Florence, AZ is located south of Gold Canyon and east of coolidge see map. This subdivsion is located next to the NEW master planned community from Del Webb Anthem at Merrill Ranch

These homes are one of the BEST prices in Arizona. At under $100/sqft. 2492 sqft. 5 bedroom 3 bath 3 car garage home for $237,500. You can rent these out ASAP. There are a lot of jobs in florence and you could rent this out ASAP and watch your equity GROW! Westcor says this is the next BIG area to buy in. see article. Contact me today regarding these great deals.

Dillard's will anchor Casa Grande center
Luci Scott
The Arizona Republic
May. 22, 2007 07:48 AM
Dillard's will open a store at the Promenade at Casa Grande, a regional shopping center under construction at Interstate 10 and Florence Boulevard in Casa Grande.
The 98,000-square-foot Dillard's will join the other department stores planned for the site: Target, Kohl's and JCPenney.
The regional shopping center, which will cover 1 million square feet, will include a 14-screen Harkins theater, restaurants, Best Buy, Staples, PetSmart, Famous Footwear, Lane Bryant, Michaels, Shoe Pavilion and more.
Some stores are expected to open this fall and others, next spring.
The $200 million, 130-acre center is a joint project by developer Pederson Group, Westcor and WDP Partners.
The center is expected to draw from a large area, including Florence, Coolidge, Eloy, Arizona City and Sacaton, as well as I-10 traffic.

Another story

Developer plans shopping, dining for Casa Grande
Andrew Johnson
The Arizona Republic
Jun. 4, 2007 03:16 PM
A Casa Grande developer hopes to bring 95,000-square-feet of shopping and dining to one of the busiest intersections in the burgeoning Pinal County town.
Cornerstone Commercial Development wants to break ground on The Shops at TC Village this fall, according to Vice President of Sales and Marketing Dominic Palmieri.
Plans for the shopping center call for five anchor pads that would be occupied by national restaurants chains, a bank and a car wash, Palmieri said.
Cornerstone Commercial Development's has received major site plan approval from the city's Planning & Zoning Commission. The five pads of land that will send to owner tenants will go through a separate review process when the developers of those sites devise plans.
The developers leasing broker, Scottsdale-based Retail Brokers Inc., has yet to sign tenants for the project. They said they are in discussion with several national restaurant and retail chains, said David Bradford, director of land acquisition for Retail Brokers Inc.
TC in the name The Shops at TC Village stand for Treckell and Cottonwood. The development is on the corner of Treckell Road and Cottonwood Lane.

ASU Tempe Investments

When buying a rental property you should always remember the #1 statement in real estate location! Tempe, AZ is one of the BEST places, in my opinion in Arizona to purchase a rental property. First off you have Arizona State University, with the #1 attendance in the country of students(40,000+) and a shortage of on-campus housing. This shortage helps out property owners to rent out their property, not only for a premium price, but VERY QUICKLY. So knowing this your next move is to scout out the best deal close to campus, that is in best acceptable shape for tenants to move right in with some light fix-up if needed.
I have a great condo conversion unit that is 1035 sqft. 2 bedroom 2 bath unit great floorplan and perfect for a rental. This unit has NEW carpet, paint and appliances for $165,000. Move your tenants in ASAP. Contact me today for more info.