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18202 N Cave Creek Road , Multi

Phoenix, AZ 85032
  • $1,480,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 6663975
$1,480,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Condo
Built:
1983
County:
Area:

School Information

Description

Welcome to an extraordinary real estate investment opportunity that offers both immediate returns and long-term potential. These eight remodeled condo units are not just properties; they represent a strategic step towards building a robust and reliable real estate portfolio. Recently refurbished with a keen eye for modern elegance, these units offer a comfortable and enticing living space for current and potential tenants. Nestled in a prime location and with in-demand amenities, they boast low monthly expenses while offering a fantastic cap rate of 6.72% % for investors. The appeal doesn't end here; these units are not only warrantable and VA-approved but also offer access to guaranteed subsidized rental programs. This unique investment package allows...

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Arizona Regional MLS logo© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than eXp Realty. Data last updated 2024-04-04T00:16:08.4.
www.soldbytlt.com/homes/147622852
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18202 N Cave Creek Road , Multi Phoenix, AZ 85032

  • Price: $1,480,000
  • Status: Active
  • On Site: 63 Days
  • MLS #: 6663975
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1983
Built
Neighborhood:
Mountain Springs Terrace Condominium
County:
Maricopa
Area:
Phoenix
Elementary School:
Echo Mountain Primary School
Middle School:
Vista Verde Middle School
High School:
North Canyon High School
Property Description
Welcome to an extraordinary real estate investment opportunity that offers both immediate returns and long-term potential. These eight remodeled condo units are not just properties; they represent a strategic step towards building a robust and reliable real estate portfolio. Recently refurbished with a keen eye for modern elegance, these units offer a comfortable and enticing living space for current and potential tenants. Nestled in a prime location and with in-demand amenities, they boast low monthly expenses while offering a fantastic cap rate of 6.72% % for investors. The appeal doesn't end here; these units are not only warrantable and VA-approved but also offer access to guaranteed subsidized rental programs. This unique investment package allows...
Exterior Features

Attached Garage YN No Construction Materials PaintedStuccoFrame - Wood Covered Spaces 8 Open Parking Spaces 1 Parking Features Other (See Remarks)AssignedAdd'l Parking Avail1 Space/UnitCommon Road Surface Type Asphalt Roof Foam

Interior Features

Appliances Included Washer Dryer Yes Cooling YN Yes FSOven Range Yes Heating YN Yes

Property Features

Community Features See RemarksPool Current Financing Non Assumable Disclosures Seller Prop Disc Stm Flooring Vinyl Gross Income 0 Listing Terms CTLConventional Maintenance Expense 600 Ownership Condominium Sewer Public Sewer Tax Annual Amount 248 Tax Year 2023 Tenant Pays ElectricityCable TV Water Source City Franchise Zoning MF

Arizona Regional MLS logo Listing provided by RE/MAX Fine Properties: .


Arizona Regional MLS logo© 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than eXp Realty. Data last updated 2024-04-04T00:16:08.4.
 
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eXp Realty
10320 W McDowell Rd, Ste J1033
Avondale AZ, 85392