3105 E Fairmount Ave., Phoenix, AZ 85016

SHORT SALE! PLS DO NOT WALK PROPERTY OR DISTURB TENANTS.The Peppertree Apartments consist of six, two-story, block-constructed 4-plexes with pitched roofs and mostly two-bedroom units. Property was purchased two years ago for $368,000 / 4- plex ($2.2M total) with the intent to convert to condos. Current occupancy runs 85% to 90%. Pool has been emptied to reduce expenses. Owner has not seen the property and offers no SPDS. Lenders will require 30 to 45 days to review all offers. All offers to include standard “short sale” documents.