$725,000 (Sold)

2433 W Desert Cove, Phoenix

Industrial 8,000 ft2

A single tenant office/warehouse, fully air conditioned. Purchased and resold with no added improvements.

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SteepleRock purchased and held this asset for a period of 16 months in 2015 and 2016, making a generous profit after the tenant was sold to a larger corporation with much better credit.