The dramatic growth now been
seen in Arizona and in particular the Phoenix area, offer
significant opportunities for investors. The combination of
a wonderful climate, growing job market and affordable
housing is lurking the people not only from California, but
from states around the USA.
Seeing the emerging investment
possibilities, John G. Davi obtained his Arizona Brokers
License in 2003 and has since brought over 90 Northern
California investors to the area, in projects as diverse as
rental property, commercial buildings and land development.
Housing prices in the Phoenix
area have climbed more then 30% in the last year. Still, the
average home price is very a affordable $210,000! The
opportunities range from existing homes in the famous
Scottsdale area, to newer homes in the up and coming
communities of Gilbert, Chandler and Surprise. With a full
time office now in Scottsdale, John G. Davi Properties can
present you with several options to meet your investment
needs. A 2,000+ square foot house with a pool for $200K, in
a wonderful neighborhood? It's a reality in the Phoenix
area! And, with the population expected to double in the
next 20 years, demand will only increase.
Just like residential housing,
your money goes farther in Arizona. Cap rates of 10% make
for exciting investment opportunities in this growing
region. With the booming population, demand for doctor's
offices, professional centers and office space will continue
In 2004, the Metro Phoenix area surpassed Atlanta to become
top new home builder in the USA, Issuing almost 57,000 new
home permits. These numbers are expected to continue growing
in the coming years.
Although the Metro Phoenix
area seems to be surrounded by wide open space, the vast
majority of these is Indian Reservation and State land. In
reality, the land available to house the growing population
is diminishing rapidly.
In 2002, John G. Davi
Properties began working with Ky Vek Development LLC on
several land development projects in the up-and-coming areas
of Metro Phoenix. Through a solid combination of strong
local contacts and an understanding of where home builders
are moving next, John G. Davi has been able to provide
significant unique and profitable opportunities to Monterey
In addition to opening the
Scottsdale office, John G Davi and Marcus J. Davi have
created a specialized business. TSV Investments LLC, focused
exclusively on these development investment opportunities.
Working with Ky Vek Development to purchase farm land and
have it zoned and developed to "paper plat" status,
investors have seen total rates of return in excess of 100%
in deals that take 2 to 3 years to complete.
JOHN G. DAVI PROPERTIES
Real Estate Sales, Short Sales, REO's & Foreclosures
117 Pearl Street Monterey, CA 93940
Downtown Monterey between Tyler Street & Pearl Street
(831) 646-9988 ~ Fax (831) 646-0809
Cell (831) 277-9988