Active
18202 Cave Creek Road Unit: 17units
Phoenix AZ, 85032
$2,800,000
Active
Other
Built in 1983
This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their portfolio.It offers a stable and reliable income stream.The property is 100% occupied and all units were remodeled.There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.
6770068
MLSⓇ ID
October 12, 2024
Listed
February 20, 2025
Updated
Interior Features
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Electric, Central A/C
Heating
Yes
Heating Description
Individual, Electric
Exterior/Building Features
Roof
Built-Up
Sewer
Public Sewer
School Information
School District
Paradise Valley Unified District
High School
North Canyon High School
Elementary School
Echo Mountain Primary School
Other Property Details
Taxes
$3,960
Tax Frequency
Annually
Days on Market
125
Garage
No
Parking
Other (See Remarks), 1 Space Per Unit, 1 Space/Unit, Common
Parking Total
1
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
R5
Listing History
Date | Event | Price |
---|---|---|
1/27/2025 | Price change | $2,800,000 -8% |
Courtesy of Coldwell Banker Realty, Amy D Brown
Listing Contact: 928-254-0501
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gregory Corbett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 9:28 PM UTC, 2/20/2025.