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18202 Cave Creek Road 17units, Phoenix, AZ, 85032

26beds
24baths
14,212sqft
$2,380,000
$167price/sqft
$15,029/moest. monthly cost
$601,160/yrincome needed

About This Home

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 beds/1-bath, one-3 beds/1 bath, and eleven-3 beds /2 bath units. All are equipped with their own washer/dryer. The property is located in a Prime location with nearby amenities and great transportation access. Some bedroom counts includes a den (2 beds = 1 bedroom + den and 3 beds = 2 bedrooms + den). The den can function as a bedroom but doesn't have a window.

Getting Around

47
WalkingCar-Dependent
36
TransitSome Transit
70
BikeVery Bikeable

Schools

2/10
4/10
North Canyon High SchoolGrades 8-120.8 mi

Construction

Condition

  • Year built: 1983

Materials

  • Roof: Built-Up
  • Construction materials: Wood Frame,Painted,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Refrigerator,Microwave,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 26
  • Bathrooms: 24

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Individual,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 14,212
  • Total interior livable area: 14,212 sqft

Property

Details

  • Parcel number: 21407044
  • Zoning: R5

Features

  • Private pool: Yes

Lot

  • Lot size dimensions: unknown

Parking

  • Total spaces: 17
  • Parking features: Other,>1 Space Per Unit,1 Space/Unit,Carport
  • Covered spaces: 17
  • Carport: Yes