5418 E Yolantha St - Apartments FOR SALE


Cave Creek, AZ 85331
$1,295,000 USD
408-998-8580
5418 E Yolantha St, Cave Creek, AZ for Sale
$1,295,000 USD
Apartments - FOR SALE
1/12
null | 5% Cap Rate

5418 E Yolantha St
Cave Creek, AZ 85331


HIGHLIGHTS

  • Location! So close to everything! Less than a mile to shopping at Tractor Supply, Sprouts and Walmart. 5 minutes to the Cave Creek strip!
  • Over 1 acre lot! Views of Black Mountain. Fenced perimeter with driveway gate and beautiful desert landscaping, paver patio and sundeck, Spa area.
  • Large Spacious 3BR/2.5BA Home + 2BR/1BA casita, presently rented for $2500/mo thru Nov 2026 (Buyer will have option to cancel lease)

OVERVIEW

Prime investment opportunity in highly desirable Cave Creek, just West of North Scottsdale. 1.18AC lot. 2 beautifully renovated units - 3BR, 2.5BA Main House and 2BR, 1BA Casita with private patio. Casita is presently leased until Nov 2026 at $2500/mo (electric sub metered - tenant pays) May be rented short term or long term. Property presently is registered as a short term and long term rental. Main unit presently rented short term. Main Home has gas fireplace, paver deck, spa area outside living room, washer dryer hook up inside Master bedroom walk-in closet. Fully furnished casita rented full time on 1.5 Year Lease. New septic installed in 2022. Property owner is licensed Real Estate Broker in California.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$648 USD /SF

# OF UNITS

2

PRICE/UNIT

$647,500

CAP RATE

5%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,270 SF

ZONING

R-43

APN/PARCEL ID

211-46-030D

ASK ABOUT THIS PROPERTY

Stephanie JorglStephanie JorglMore Info
408-998-8580

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Stephanie JorglStephanie JorglMore Info
408-998-8580

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