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17 Multi-Family Units 17 Flex Condos Offered at $2,500,000 in Phoenix, AZ

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EXECUTIVE SUMMARY

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.
5 Units also available at $700,000

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

PROPERTY FACTS

Price $2,500,000
Price / SF $175.91 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 7.75%
Sale Type Investment
Status Active
Number of Properties 17
Individually For Sale 0
Total Building Size 14,212 SF

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Mountain Springs Terrace
18202 Cave Creek Rd, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 111, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 120, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 121, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 129, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 150, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 151, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 152, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 1st Floor - Unit 157, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 2nd Floor - Unit 210, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 2nd Floor - Unit 219, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 2nd Floor - Unit 220, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 2nd Floor - Unit 246, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 2nd Floor - Unit 249, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 2nd Floor - Unit 250, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, 2nd Floor - Unit 251, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Mountain Springs Terrace
18202 Cave Creek Rd, Phoenix, AZ 85032
Flex Condo 836 SF 1983 -
Show More > < Show Less
  • Listing ID: 33511428

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 17 Multi-Family Units, Phoenix, AZ

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