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Sold for $1,440,000
Sold for $1,440,000
18202 N Cave Creek Rd #MULTI Phoenix, AZ 85032
$1,440,000
CLOSEDBeds
Baths
0
Sqft
Year
1983
Close Date
May 31, 2024
Property Type
Multiple Dwellings
Sub Type
Date Listed
Feb 14, 2024
Description of 18202 N Cave Creek Rd #MULTI, Phoenix, AZ 85032
Listing details for 18202 N Cave Creek Rd #MULTI, Phoenix, AZ 85032 : 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...
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Listing Updated : 04-29-2026 at 12:19 PM MST
Listing Provided By : Amy Brown, RE/MAX Fine Properties
Properties displayed may be listed or sold by various participants in the MLS
Source :
ARMLS, MLS#: 6663975
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$1,480,000
MLS #ID
6663975
Close Price
$1,440,000
Close Date
May 31, 2024
Bedrooms
Bathrooms
0
Square Footage
Year
1983
Days on Site
184 Days
Property Type
Multiple Dwellings
Property Sub Type
Price per Sq Ft
$0
Date Listed
Feb 14, 2024
Location
Street Address
18202 N Cave Creek Rd #MULTI
City
State
Arizona
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
South on Cave Creek to Michigan Ave. Complex will be on the right.
Schools
Elementary School
Middle School
High School
School District
Construction / Architecture
Year Built
1983
Construction Materials
Painted, Stucco and Frame - Wood
Roof
Foam
New Construction
No
Price per Sq Ft
$0
Lot Dimensions
Unknown
Interior Details
Flooring
Vinyl
Fireplace
No
Heating
Electric
Cooling
Central A/C and Electric
Exterior Details
Garage
No
Parking Features
Other (See Remarks), Assigned, Add'l Parking Avail, 1 Space/Unit and Common
Fencing
None
Water Source
City Franchise
Sewer
Public Sewer
Community Features
Pool
Taxes, HOA & Financing
HOA Fee Includes
None
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Property History
DateEventPrice
5/31/2024
Sold
$1,440,000 -5.3%
Source:ARMLS #6663975
ARMLS #6663975 2/14/2024
Listed for sale
$1,520,000
Source:ARMLS #6663975
ARMLS #6663975Location of 18202 N Cave Creek Rd #MULTI, Phoenix, AZ 85032
Streetview of 18202 N Cave Creek Rd #MULTI, Phoenix, AZ 85032
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