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.
For sale
Price cut: $300K (6/14)
$2,500,000
18202 N Cave Creek Rd #17UNITS, Phoenix, AZ 85032
40beds
24baths
14,212sqft
Est.:
Condominium
Built in 1983
-- sqft lot
$-- Zestimate®
$176/sqft
$-- HOA
What's special
- 303 days
- on Zillow |
- 165 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 05:38pm
Listed by:
Amy D Brown 928-254-0501,
Coldwell Banker Realty
Source: ARMLS,MLS#: 6770068

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 24
Heating
- Individual, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Vinyl
Interior area
- Total structure area: 14,212
- Total interior livable area: 14,212 sqft
Property
Parking
- Total spaces: 1
- Parking features: Other, >1 Space Per Unit, 1 Space/Unit, Carport
- Has carport: Yes
- Covered spaces: 1
Details
- Parcel number: 21407044
- Zoning: R5
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Frame, Painted, Stucco
- Roof: Built-Up
Condition
- Year built: 1983
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: Barbecue, Manager Res/Office, Pool
- Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $176/sqft
- Annual tax amount: $3,960
- Date on market: 10/10/2024
- Listing terms: Owner May Carry,1031 Exchange
- Ownership: Condominium
- Electric utility on property: Yes
- Road surface type: Asphalt
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