Mountain Springs Terrace Condominium Homes with 1031 Exchange New Financing

Mountain Springs Terrace Condominium Homes with 1031 Exchange New Financing

Welcome to Mountain Springs Terrace Condominium, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming subdivision is the perfect blend of modern living and serene surroundings, offering residents a unique opportunity to enjoy the best of both worlds. With stunning desert landscapes and breathtaking mountain views, Mountain Springs Terrace is an ideal retreat for those seeking a peaceful lifestyle without sacrificing access to the bustling city.

Each condominium in this well-maintained community showcases contemporary designs, spacious layouts, and an array of desirable amenities. Residents can enjoy features such as open-concept living spaces, modern kitchens, and private balconies that invite the beauty of Arizona’s sunsets into their homes. The community also boasts beautifully landscaped grounds, a refreshing swimming pool, and convenient access to nearby parks and recreational facilities.

For investors or homeowners looking to maximize their financial opportunities, Mountain Springs Terrace Condominium offers the exciting advantage of 1031 Exchange New Financing. This means that you can seamlessly transition your investment into a new property while deferring capital gains taxes, making it an excellent choice for savvy buyers looking to grow their real estate portfolio.

Located in Maricopa County, Mountain Springs Terrace is just a short drive from downtown Phoenix, where a vibrant array of dining, shopping, and entertainment options awaits. Experience the perfect blend of comfort, convenience, and investment potential at Mountain Springs Terrace Condominium—your new home in the heart of Arizona!

Newest Mountain Springs Terrace Condominium Homes with 1031 Exchange New Financing

$625,000
5 Beds 5 Baths 6770097 MLS
5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix

$2,125,000
29 Beds 29 Baths 6770068 MLS
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix

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