39 Single Family Homes being sold in Tempe, Arizona

39 Single Family Homes being sold in Tempe, Arizona

 

TNS is working with through an established (we have bought several loans from them) contact with a hedge fund to help facilitate the sale of 39 single family homes in the Tempe Arizona market. 38 of these homes are college rental properties and 100% occupied. The 39th property is a large high end home. The package is being marketed at 75% of a recent appraised value. The hurdle for most buyers is the large home represents appox 30% of the portfolio value. With a motivated seller in a strong market the package should move soon.

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