4016 E Forest Pleasant Pl - Multi-Family FOR SALE


Cave Creek, AZ 85331
$1,950,000 USD
602-703-5277
4016 E Forest Pleasant Pl, Cave Creek, AZ for Sale
$1,950,000 USD
Multi-Family - FOR SALE
1/23
null | Request Cap Rate

4016 E Forest Pleasant Pl
Cave Creek, AZ 85331


OVERVIEW

A fantastic generational property opportunity! This ranch style home is situated on an acre+ corner lot ( with horse privileges ) in the desirable Cave Creek area and has limitless potential. The set-up of this home offers abundant flexibility. There are multiple income producing opportunities available with this unique property. The home was originally a 2800sqft ranch and has had two 1100sqft Casita additions, making for 3 independent units each with their own access, kitchens, 2 bedrooms, 2 bathrooms , their own yard space and separate septic tanks. An arena with mare motels/stalls and a communal pool with shaded deck. The RV gate and additional parking area affords room for many cars, trailers, etc. This residence can easily be converted back to a single family home. Conveniently located in a secluded, rural area in unincorporated Maricopa County. This home offers privacy, space and desert surroundings. The property is across the street from the state land with riding, walking trails and wildlife. Yet just minutes away from amenities. The three units are: Unit A-2800 sqft main house, 3 bed plus den, 2.5 bath, open plan kitchen/ family area with vaulted ceiling, living room, laundry, large double garage with extra storage/work area, private grassed yard , BBQ and outdoor fireplace. Unit B - 1100sqft 2 bed 2 bath, living room and open kitchen, family room with a deck looking over the arena, washer/dryer and private fenced back yard with direct access to the communal pool. Unit C- 1100sqft 2bd plus den, 1 bath with open plan kitchen, dining/living area, separate laundry and fenced side yard.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$806 USD /SF

# OF UNITS

3

PRICE/UNIT

$650,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4016 E Forest Pleasant Pl. Cave Creek, AZ 853

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

[R-43]

APN/PARCEL ID

211-36-943A

ASK ABOUT THIS PROPERTY

Terry KassR.O.I. Properties, LLCMore Info
602-703-5277

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Terry KassR.O.I. Properties, LLCMore Info
602-703-5277

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