6525 E CAVE CREEK Road, 300, Cave Creek, AZ 85331
$5,993,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$5,993,000
Last Modified:
1/21/2025
Description
This amazing opportunity to own a multi-unit complex in Cave Creek. Units are expected to be completed in July 2025. Photo depicts currently built on lot 200 which is also available for sale. Dramatic soaring ceilings, upgraded lighting, beautiful flooring, and finishings. Kitchen and bath counters may differ in material but will have the same quality. Cave Creek is one of the premier tourist destinations for tourists and locals featuring the best trail systems, Local bars, restaurants, and coffee shops—five residential units with one office component. Extra insulation acts as an additional sound barrier for a quiet living area. Only 2% of the town's property is commercial.
More Information MLS# 6808192
Contract Info
Current Price: $5,993,000
List Price: $5,993,000
Status: Active
List Date: 2025-01-21
Ownership: Fee Simple
Location Tax Legal
House Number: 6525
Compass: E
Street Name: CAVE CREEK
St Suffix: Road
City/Town Code: Cave Creek
State/Province: AZ
Zip Code: 85331
Zip4: 8767
Country: USA
County Code: Maricopa
Subdivision: HIDDEN ROCK AT CAVE CREEK 2ND AMD
Assessor Number: 216-06-230
Tax Year: 2024
General Property Description
Lot Size Dimensions: Irregular
Year Built: 2025
Uncvrd Parking Spcs: 2
Total # of Units: 6
# of Buildings: 5
Zoning: TCC
Flood Zone: No
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Elementary School: Black Mountain Elementary School
Jr. High School: Sonoran Trails Middle School
High School: Cactus Shadows High School
Remarks Misc
Cross Street: School House Rd and Cave Creek Rd
Directions: East of School House to 65th St
Geo Lat: 33.832893
Geo Lon: -111.938056
Status Change Info
Status Change Date: 2025-01-21
Legal Info
Township: 6N
Range: 4E
Section: 27
Lot Number: 300
Income Expenses
Gross Annual Sch Inc: 300000
Net Operating Income: 269000
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 3500
Avg SqFt: 1077
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 6500
Avg SqFt: 2380
# Baths: 25
Property Features
Project Type: 5 - 12 Units
Construction: Frame - Wood; Frame - Metal
Const - Finish: Stucco
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Building(s) Only; Personal Property; Laundry Equipment
Community Amenities: Pool; Heated Pool(s); Heated Spa(s)
Interior Amenities: Furnished; Fire Sprinklers
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Natural Gas
Cooling: Electric; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Garage; Free
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Provided by Owner
Lockbox Type: None
New Financing: Cash
Environmental: None
Documents
site plan ›Listing Office: Realty Executives
Last Updated: January - 21 - 2025
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