4016 E Forest Pleasant Pl - Apartments FOR SALE


Cave Creek, AZ 85331
$1,560,000 USD
602-330-2525
4016 E Forest Pleasant Pl, Cave Creek, AZ for Sale
$1,560,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

4016 E Forest Pleasant Pl
Cave Creek, AZ 85331


HIGHLIGHTS

  • North Cave Creek Location
  • Ranch-style Home with attached units
  • Multiple Investment Options
  • Acre+ land with Horse Arena/Stables
  • Across the street from State Park

OVERVIEW

A fantastic generational property opportunity. The ranch-style home and attached units are situated on an acre+ corner lot (with horse privileges and stables) in the desirable Care Creek area. There are multiple income producing opportunities available. The property is currently made up of three separate residences that can be repositioned to gain much higher rent. It can be used for multigenerational housing. And finally, the property can be converted back to a single residence that can be lived in or rented. The location, the horse amenities (arena with mare motels/stalls) and RV gate with additional parking area, affords room for many cars, trailers, etc. The potential makes this a great investment opportunity.

FOR SALE DETAILS

PRICE

$1,560,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

3

PRICE/UNIT

$520,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forest Pleasant

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

[R-43]

APN/PARCEL ID

211-36-943A

ASK ABOUT THIS PROPERTY

Andre LinnartzColdwell Banker CommercialMore Info
602-330-2525

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Andre LinnartzColdwell Banker CommercialMore Info
602-330-2525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.