2021 E Osborn Rd. #4, Phoenix, AZ 85016

CASH ONLY! AS-IS! Priced for immediate sale. Great investment opportunity or winter getaway. Remodeled in 2010. Pool is drained and HOA does not have money to repair. 1. Delinquency rate is in excess of 25%. 2. The current special assessment stops at the end of April which will return the monthly dues to the original amount. With a return to the original amount the HOA will be in the negative each month. 3. The board is apparently discussing a substantial new assessment. 4. There has not been any financing of unit purchases in the complex for over 18 months. 5. Over 50% of the residences are tenant occupied. This will not be paid by the seller. This is a great buy for someone who gets it!