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.
South on Cave Creek to Michigan Ave. Complex will be on the Right.
Dwelling Type: Multiple Dwellings
Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Year Built: 1983, County: N/A
South on Cave Creek to Michigan Ave. Complex will be on the Right.
Listing is courtesy of Coldwell Banker Realty