Phoenix, AZ 85032,18202 Cave Creek Road #17units
Phoenix, AZ 85032,18202 Cave Creek Road #17units
Phoenix, AZ 85032,18202 Cave Creek Road #17units
Phoenix, AZ 85032,18202 Cave Creek Road #17units
Phoenix, AZ 85032,18202 Cave Creek Road #17units
Phoenix, AZ 85032,18202 Cave Creek Road #17units
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Samone Bollerud-Beitler

Samone Bollerud-Beitler

+1(602) 390-1462
$ 2,500,000
Est. payment | /mo
Save
$ 2,500,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mountain Springs Terrace Condominium

MLS Listing ID 6770068

Maintenance Fees $6,000

Year Built 1983

Annual Tax Amount $3,960

Tax Year 2024

Lot Dimensions unknown

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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.

Location

State AZ

County Maricopa

Community Mountain Springs Terrace Condominium

Area Maricopa

Zoning R5

Direction South on Cave Creek to Michigan Ave. Complex will be on the Right.

Interior

Heating Individual, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Vinyl

Appliance Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Other, >1 Space Per Unit, 1 Space/Unit, Carport

Community Features Barbecue, Manager Res/Office, Pool

Roof Type Built-Up

Private Pool Yes

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Echo Mountain Primary School

Middle Schools Vista Verde Middle School

High Schools North Canyon High School

School District Paradise Valley Unified District

Others

Senior Community No

Tax ID 214-07-044

Acceptable Financing Owner May Carry, 1031 Exchange

Disclosures None

Listing Terms Owner May Carry, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Coldwell Banker Realty

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Quail Run Elementary School

    Public | KG - 6

  • 10

    Fireside Elementary School

    Public | KG - 6

  • 9

    Boulder Creek Elementary School

    Public | KG - 6

  • 9

    Wildfire Elementary School

    Public | PK - 6

  • 8

    Lookout Mountain School

    Public | PK - 6

  • 8

    Sunset Canyon School

    Public | PK - 6

  • 6

    Hidden Hills Elementary School

    Public | PK - 6

  • 6

    Campo Bello Elementary School

    Public | KG - 6

  • 5

    Esperanza Elementary School

    Public | PK - 6

  • 5

    Cactus View Elementary School

    Public | PK - 6

  • 5

    Eagle Ridge Elementary School

    Public | KG - 6

  • 5

    Aire Libre Elementary School

    Public | KG - 6

  • 5

    Pvonline

    Public | KG - 12

  • 5

    Indian Bend Elementary School

    Public | PK - 6

  • 5

    Whispering Wind Academy

    Public | PK - 6

  • 4

    Echo Mountain Intermediate School

    Public | 4 - 6

  • 4

    Palomino Primary School

    Public | PK - 3

  • 3

    Echo Mountain Primary School

    Public | PK - 3

  • 3

    Arrowhead Elementary School

    Public | PK - 6

  • 1

    Palomino Intermediate School

    Public | 4 - 6

Middle Schools 7
  • 10

    Explorer Middle School

    Public | 6 - 8

  • 8

    Mountain Trail Middle School

    Public | 7 - 8

  • 8

    Great Hearts Academies - North Phoenix Preparatory

    Public | 6 - 8

  • 5

    Vista Verde Middle School

    Public | 7 - 8

  • 3

    Greenway Middle School

    Public | 7 - 8

  • 0

    Career Success Jr/Sr High School - North Phoenix

    Public | 7 - 12

  • 0

    Crestview College Preparatory High School

    Public | 7 - 12

High Schools 11
  • 8

    Pinnacle High School

    Public | 9 - 12

  • 7

    Aaec - Paradise Valley

    Public | 9 - 12

  • 5

    North Canyon High School

    Public | 9 - 12

  • 4

    Paradise Valley High School

    Public | 9 - 12

  • 2

    Ombudsman - Charter Northeast

    Public | 9 - 12

  • 1

    Intelli-School - Paradise Valley

    Public | 9 - 12

  • 0

    West-Mec - North Canyon High School

    Public | 9 - 12

  • 0

    Esperanza Community Collegial Academy

    Public | 9 - 12

  • 0

    Polaris High School

    Public | 9 - 12

  • 0

    West-Mec - Pinnacle High School

    Public | 9 - 12

  • 0

    West-Mec - Paradise Valley High School

    Public | 9 - 12

School and business data provided by Attom Data.
Samone Bollerud-Beitler

+1(602) 390-1462

samonesells@gmail.com

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18202 Cave Creek Road #17units