November 24th, 2008 8:56 AM

    Phoenix Light Rail Car on Washington Street

 

    Downtown streets of Phoenix Arizona will never be the same after 2008 when the Phoenix Tempe Mesa light rail operations are expected to begin. Sleek, futuristic rail cars stretching 90 feet and carrying 150 passengers will zip along 20.3 miles of track, linking Central Avenue to Sky Harbor International Airport, Tempe, and Mesa. Light rail stations along the route are expected to spark new transit-oriented development catering to the urban dweller, everything from condominiums to townhomes and coffeehouses to drugstores, dry cleaners and other service providers. There is still plenty of good real estate investments throughout the Phoenix light rail corridor.  Residential Real Estate in the area has showed signs of revival. Real estate property investors are getting in line to get their hands on some of the prime investment property available in the
Arizona light rail corridor. Keep in mind, we are still in a distressed foreclosure market where bank owned REO property at rock bottom 30% to 60% bellow contemporary market value. Don't wait, receive our daily Bank Owned Hot List in the Phoenix light rail corridor.

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