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$625,000
5 Beds ⋅ 5 Baths ⋅ 6770097 MLS
5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. 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 5 units, Phoenix

$699,900
14 Beds ⋅ 14 Baths ⋅ 6760869 MLS
Excellent investment opportunity! This 14-unit, garden-style property, built in 1946, offers a promising investment opportunity. The unit mix includes (9) Studio, (5) 1-bed/1-bath units The property presents a significant value-add opportunity, vacant interiors that are ready for renovation. The location is advantageous right on US 60/Grand with easy access to I-10, I-17, and Loop 202, it ensures quick commutes to key areas. Situated west of downtown Phoenix, it's just minutes from Phoenix Sky Harbor Airport. The property presents a significant value-add opportunity. Don't miss this chance to invest in a promising location with significant upside potential. The property has deferred maintenance and needs a full remodel but a great value at this list price. Hurry won't last! To help visualize this home's floor-plan and to highlight its potential, virtually renovated photos may have been added to this listing.

3060 Grand Avenue, Phoenix

$675,000
6616638 MLS
Siesta Foothills Subdivision presents an Exclusive OVER 1 Acre Residential Lot on South Mountain Preserve with stunning City and Mountain Vistas. Adjacent to Geronimo Trailhead. Discover a rare opportunity to craft your dream home on this expansive over 1 acre lot nestled within the Mountain. This unique property offers unobstructed, breathtaking views of both Camelback and Piestawa Peak, providing a backdrop for your future custom-built residence. Situated in an exceptional location, with no time restrictions, you have the flexibility to design and construct your home at your own pace. This lot comes complete with utilities already to the property, making the building process more convenient. Take advantage of the nearby hiking and biking trails, as well as multiple parks,ensuring endless outdoor recreation possibilities right at your doorstep. This property is truly one-of-a-kind, and opportunities like this are rare. Don't miss out on the chance to own a piece of this remarkable South Mountain Preserve Lot. Ask about negotiating for plans that have been created for a 6 bedroom, 7.5 bathroom 6 car garage!

2105 E Beth Drive Unit 9, Phoenix

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