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Updated about 3 years ago on .
22 Condos in Cave Creek
Investment Info:
Large multi-family (5+ units) buy & hold investment in Cave Creek.
Purchase price: $2,244,000
Cash invested: $75,000
Purchased for an avg. of $102,000/unit in December 2020.
Avg. Monthly Rents $24,000.
Converting to Section 8 would increase rents to Avg. $33,000/mo.
Current equity if we sold project today: $1,300,000
Just received an offer for $3.55M.
86% CoC return
- William Hamburg
- [email protected]
- 928-300-8277
Realty One Group Mountain Desert Sedona
8 Reviews
5.0 stars