1 /
3
Map
$1,368,000 - $1,672,000
●
Condo -
Off Market
18202 N CAVE CREEK Road #MULTI
Phoenix, AZ 85032
Studio
0 Bath
About This Property
Welcome to an extraordinary real estate investment opportunity that
offers both immediate returns and long-term potential. These eight
remodeled condo units are not just properties; they represent a
strategic step towards building a robust and reliable real estate
portfolio. Recently refurbished with a keen eye for modern
elegance, these units offer a comfortable
and enticing living space for current
and potential tenants. Nestled in a prime
location and with in-demand amenities,
they boast low monthly expenses while offering a fantastic cap rate of 6.72% % for investors. The appeal doesn't end here; these units are not only warrantable and VA-approved but also offer access to guaranteed subsidized rental programs. This unique investment package allows... you to secure all eight units at a discounted price of $1,520,000 or opt for individual purchase of $190,000 each. If you're seeking an investment that combines immediate cash flow with long-term value, this opportunity is a compelling choice to explore. Your journey toward a prosperous real estate investment portfolio begins here.
and enticing living space for current
and potential tenants. Nestled in a prime
location and with in-demand amenities,
they boast low monthly expenses while offering a fantastic cap rate of 6.72% % for investors. The appeal doesn't end here; these units are not only warrantable and VA-approved but also offer access to guaranteed subsidized rental programs. This unique investment package allows... you to secure all eight units at a discounted price of $1,520,000 or opt for individual purchase of $190,000 each. If you're seeking an investment that combines immediate cash flow with long-term value, this opportunity is a compelling choice to explore. Your journey toward a prosperous real estate investment portfolio begins here.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$21
HOA Dues
-
Year Built
1986
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 1, 2024 | In contract | - | |
In contract | |||
Apr 6, 2024 | Price Decreased |
$1,480,000
↓ $40K
(2.6%)
|
|
Price Decreased | |||
Feb 14, 2024 | Listed | $1,520,000 | |
Listed | |||
|
|||
Welcome to an extraordinary real estate investment opportunity that
offers both immediate returns and long-term potential. These eight
remodeled condo units are not just properties; they represent a
strategic step towards building a robust and reliable real estate
portfolio. Recently refurbished with a keen eye for modern
elegance, these units offer a comfortable and enticing living space
for current and potential tenants. Nestled in a prime location and
with in-demand amenities, they…
|
|||
Feb 2, 2024 | No longer available | - | |
No longer available | |||
Dec 28, 2023 | Relisted | $1,520,000 | |
Relisted |
Show More
Property Highlights
Exterior Details
Exterior Information
Stucco
Wood
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/30/2023
|
Loft
|
-
|
-
|
$1,440,000
Loft
-
|
-
-
|
-
|
Amy Brown
RE/MAX Fine Properties
|
|
11/16/2023
|
Loft
|
1 Bath
|
608 ft²
|
$175,000
Loft
1 Bath
608 ft²
|
-
-
|
-
|
Amy Brown
RE/MAX Fine Properties
|
|
11/15/2023
|
Loft
|
1 Bath
|
836 ft²
|
$180,000
Loft
1 Bath
836 ft²
|
-
-
|
-
|
Amy Brown
RE/MAX Fine Properties
|
|
11/08/2023
|
Loft
|
1 Bath
|
836 ft²
|
$185,000
Loft
1 Bath
836 ft²
|
-
-
|
-
|
Amy Brown
RE/MAX Fine Properties
|
|
10/10/2023
|
Loft
|
2 Bath
|
-
|
$175,000
Loft
2 Bath
|
-
-
|
-
|
Amy Brown
RE/MAX Fine Properties
|
|
01/19/2023
|
Loft
|
1 Bath
|
836 ft²
|
$164,000
Loft
1 Bath
836 ft²
|
$160,000
-2.44%
10/16/2023
|
Lucas Thomas
West USA Realty
|
||
06/24/2022
|
2 Bed
|
2 Bath
|
836 ft²
|
$149,900
2 Bed
2 Bath
836 ft²
|
$166,350
+10.97%
08/29/2022
|
Angel Ivan Herrera
HomeSmart
|
||
06/16/2022
|
2 Bed
|
2 Bath
|
836 ft²
|
$125,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
Jonathan Bodeen
HomeSmart
|
|
07/31/2021
|
2 Bed
|
1 Bath
|
836 ft²
|
$120,000
2 Bed
1 Bath
836 ft²
|
$110,000
-8.33%
09/17/2021
|
Terry A Boggs
JP & Associates Realtors Vantage
|
||
06/25/2021
|
3 Bed
|
1 Bath
|
836 ft²
|
$135,000
3 Bed
1 Bath
836 ft²
|
-
-
|
-
|
Terry A Boggs
JP & Associates Realtors Vantage
|
|
06/25/2021
|
3 Bed
|
1 Bath
|
836 ft²
|
$135,000
3 Bed
1 Bath
836 ft²
|
-
-
|
-
|
Terry A Boggs
JP & Associates Realtors Vantage
|
|
06/25/2021
|
2 Bed
|
1 Bath
|
836 ft²
|
$115,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
Adam Hamblen
Realty One Group
|
|
06/12/2021
|
2 Bed
|
2 Bath
|
836 ft²
|
$120,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
Monica Klus
Launch Powered By Compass
|
|
05/15/2021
|
3 Bed
|
1 Bath
|
836 ft²
|
$149,900
3 Bed
1 Bath
836 ft²
|
-
-
|
-
|
Thane R. Traasdahl
My Home Group Real Estate
|
|
05/06/2021
|
2 Bed
|
2 Bath
|
836 ft²
|
$99,900
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
04/01/2021
|
1 Bed
|
1 Bath
|
608 ft²
|
$145,000
1 Bed
1 Bath
608 ft²
|
-
-
|
-
|
-
|
|
01/23/2021
|
2 Bed
|
1 Bath
|
608 ft²
|
$109,000
2 Bed
1 Bath
608 ft²
|
-
-
|
-
|
-
|
|
12/12/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$87,500
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
12/12/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$89,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
12/12/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$89,900
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
11/26/2020
|
2 Bed
|
1 Bath
|
836 ft²
|
$85,000
2 Bed
1 Bath
836 ft²
|
$80,000
-5.88%
01/08/2021
|
-
|
Ophelia Mougel
|
|
09/03/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$78,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
09/03/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$68,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
09/03/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$75,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
09/03/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$78,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
07/17/2020
|
2 Bed
|
1 Bath
|
836 ft²
|
$70,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
06/13/2020
|
3 Bed
|
2 Bath
|
836 ft²
|
$87,000
3 Bed
2 Bath
836 ft²
|
$87,000
07/10/2020
|
Steven A McKamey
|
||
04/14/2020
|
2 Bed
|
1 Bath
|
836 ft²
|
$75,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
03/31/2020
|
2 Bed
|
1 Bath
|
836 ft²
|
$75,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
03/17/2020
|
2 Bed
|
1 Bath
|
836 ft²
|
$75,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
03/09/2020
|
2 Bed
|
1 Bath
|
836 ft²
|
$75,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
01/17/2020
|
1 Bed
|
1 Bath
|
608 ft²
|
$73,000
1 Bed
1 Bath
608 ft²
|
-
-
|
-
|
-
|
|
01/15/2020
|
1 Bed
|
1 Bath
|
608 ft²
|
$73,000
1 Bed
1 Bath
608 ft²
|
-
-
|
-
|
-
|
|
12/11/2019
|
2 Bed
|
2 Bath
|
836 ft²
|
$67,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
11/21/2019
|
2 Bed
|
2 Bath
|
836 ft²
|
$78,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
11/21/2019
|
2 Bed
|
1 Bath
|
836 ft²
|
$73,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
11/21/2019
|
1 Bed
|
1 Bath
|
608 ft²
|
$69,900
1 Bed
1 Bath
608 ft²
|
-
-
|
-
|
-
|
|
08/28/2019
|
2 Bed
|
2 Bath
|
836 ft²
|
$67,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
05/04/2019
|
2 Bed
|
2 Bath
|
836 ft²
|
$67,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
03/01/2019
|
2 Bed
|
1 Bath
|
836 ft²
|
$65,138
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
01/05/2019
|
2 Bed
|
1 Bath
|
836 ft²
|
$45,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
01/05/2019
|
2 Bed
|
1 Bath
|
836 ft²
|
$58,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
10/05/2018
|
2 Bed
|
2 Bath
|
836 ft²
|
$65,000
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
09/26/2018
|
2 Bed
|
1 Bath
|
836 ft²
|
-
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
09/18/2018
|
2 Bed
|
2 Bath
|
836 ft²
|
-
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
09/18/2018
|
2 Bed
|
1 Bath
|
836 ft²
|
-
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
|
09/06/2018
|
Studio
|
-
|
-
|
$195,000
Studio
-
|
-
-
|
-
|
-
|
|
08/13/2018
|
2 Bed
|
2 Bath
|
836 ft²
|
-
2 Bed
2 Bath
836 ft²
|
-
-
|
-
|
-
|
|
07/30/2017
|
|
2 Bed
|
1 Bath
|
836 ft²
|
-
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
11/30/-0001
|
1 Bed
|
1 Bath
|
608 ft²
|
$55,000
1 Bed
1 Bath
608 ft²
|
-
-
|
-
|
-
|
|
11/30/-0001
|
2 Bed
|
1 Bath
|
836 ft²
|
$65,000
2 Bed
1 Bath
836 ft²
|
-
-
|
-
|
-
|
Building Info
18202 North Cave Creek Road
18202 North Cave Creek Road, Phoenix, AZ 85032
- 3 Units for Sale