Automotive Investment Property – Just Closed

February 3, 2016 – COBE Real Estate brokers,  Brad Broyles and Steve Beck, recently secured the sale of 4508 N 7th Ave. in Phoenix, AZ.  The property was purchased by S&L Property Management, LLC as an investment sale for $800,000.   At the time of purchase, the multi-tenant automotive repair property was 100% leased.  COBE Real Estate represented the seller, Sunbelt Lube Investors Inc. in the transaction.  COBE Real Estate has multiple investment properties currently for sale with Cap Rates 8% and higher.  Click Here for Property Search