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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

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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
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 -

Property Taxes

Property Taxes

Parcel Number
211-36-943A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$83,744 CAD
  • Listing ID: 39469112

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 4016 E Forest Pleasant Pl, Cave Creek, AZ 85331

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