18202 N Cave Creek Rd. #112, Phoenix, AZ 85032

This is an excellent opportunity to purchase 4 occupied condos at a solid 10 CAP. This package includes 3x 2/1 units and 1x 1/1 unit. The units are: #112, #118, #212 & #223. There is room to raise the rent on all 4 units which, could raise the CAP to 11-12%. The HOA is solvent and community is currently undergoing upgrades including the addition of locking electronic gates for the front and back vehicle entrances. The addition of the gates as well as other amenities and security features will allow for greater rents and property appreciation.