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Forest Pleasant 4016 E Forest Pleasant Pl 3 Unit Apartment Building $2,133,347 CAD ($711,116 CAD/Unit) Cave Creek, AZ 85331



Investment Highlights
- North Cave Creek Location
- Multiple Investment Options
- Across the street from State Park
- Ranch-style Home with attached units
- Acre+ land with Horse Arena/Stables
Executive Summary
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.
Property Facts
| Price | $2,133,347 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $711,116 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.05 AC |
| Sale Condition | Build to Suit | Building Size | 6,947 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | ||
| Zoning | [R-43] - [R-43] RESIDENTIAL WITH 43,000 SF MINIMUM | ||
| Price | $2,133,347 CAD |
| Price Per Unit | $711,116 CAD |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 6,947 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Zoning | [R-43] - [R-43] RESIDENTIAL WITH 43,000 SF MINIMUM |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Pantry
Site Amenities
- 24 Hour Access
- Grill
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $3,419 CAD | - |
| 2+2 | 1 | $2,735 CAD | - |
| 3+2.5 | 1 | $2,735 CAD | - |
1 1
Property Taxes
| Parcel Number | 211-36-943A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $83,744 CAD |
Property Taxes
Parcel Number
211-36-943A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$83,744 CAD
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Forest Pleasant | 4016 E Forest Pleasant Pl
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