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18202 Cave Creek Road Unit 17units, Phoenix
$2,125,000
29 Beds ⋅ 29 Baths ⋅ 6770068 MLS
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix

12209 W Desert Lane, El Mirage
$450,000
5 Beds ⋅ 4 Baths ⋅ 6708446 MLS ⋅ 2,265 SqFt.
ASK ABOUT SELLER FINANCE AVAILABLE! It's like BUYING 2 HOMES for 1 PRICE. This newer 'Multigenerational' SMART HOME is in walking distance to a community POOL, playground, parks, jogging path & pet area. NEWER $23K CARPET, $21K HVAC & $6K PAINT. The MAIN HOME has 3 BEDS/ 2.5 BATHS/ LIVING AREA/ FULL SIZE KITCHEN w/ islander & large walk-in pantry/ LAUNDRY ROOM. The NEXTGEN HOME has a large living area that can be 2 BEDS/ 1 BATH/ KITCHENETTE/ LAUNDRY ROOM. Both homes have separate walkway to its own front door w/ keyless entry, separate side gate to the backyard & separate door to the garage. There is a shared door between both homes for privacy. There is NO backyard neighbor. North/ South facing. Ceiling fans. Recessed lights. Dual flush toilets. Large walk-in closets. Covered porch.

12209 W Desert Lane, El Mirage

150XX S 450th Ave -- Unit -, Arlington
$150,000
6623587 MLS
REDUCED! The perfect 60-acre slice of heaven nestled between two mountains in Arlington, AZ! This is your chance to own a piece of the American Dream. Power is only a few miles away. Except for a few neighboring parcels, you'll have this wide open wilderness all to yourself. Most of the surrounding land is state-owned, providing your peace and privacy. The roads to this paradise are not your average Sunday drive. You'll need an all-terrain vehicle to navigate the river beds you'll have to cross and forge your own trail part of the way. This property is located near the proposed Vermaland subdivision, making it a promising investment. While you're waiting for the wheels of development to turn, it's an excellent place to bring your family and friends for unforgettable getaways.

150XX S 450th Ave -- Unit -, Arlington

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