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 heart of Phoenix, Arizona. This charming subdivision is a perfect blend of comfort and convenience, offering residents a vibrant lifestyle surrounded by stunning desert landscapes and modern amenities. Whether you’re a first-time homebuyer, an investor, or looking to downsize, Mountain Springs Terrace provides a unique opportunity to experience the best of Phoenix living.

The condominiums here boast spacious layouts, contemporary finishes, and an array of community features that cater to your active lifestyle. Enjoy the sun-drenched swimming pool, beautifully landscaped gardens, and a clubhouse perfect for social gatherings. With easy access to major highways, residents can effortlessly explore the dynamic city of Phoenix, including its rich cultural scene, diverse dining options, and outdoor recreational activities.

One of the standout features of Mountain Springs Terrace is its eligibility for 1031 Exchange financing. This means that savvy investors can take advantage of tax benefits while expanding their real estate portfolios. Whether you are looking to exchange properties or invest in your dream home, the financial flexibility offered here is a significant advantage.

Located in Maricopa County, Mountain Springs Terrace is not just a place to live; it’s a community where you can thrive. Experience the warmth of Arizona living, where stunning sunsets and a welcoming atmosphere await you. Discover your new home at Mountain Springs Terrace Condominium, where every day feels like a vacation!

Newest Mountain Springs Terrace Condominium Homes with 1031 Exchange New Financing

$115,000
1 Beds ⋅ 1 Baths ⋅ 7016305 MLS ⋅ 608 SqFt. ⋅ 85032 Zip Code
1 bed / 1 bath condo. Great investment property for investors. Close to 101/FRWY AND SR 51. Minutes from Desert ridge Market Place. This complex offers amenities like a pool, Lush Landscaping, Close to shopping and dining. Tenant in place. Current rent $1050/mo. with room to raise rent. month to month lease.

18202 N Cave Creek Road Unit 206, Phoenix
$95,000
1 Beds ⋅ 1 Baths ⋅ 7016296 MLS ⋅ 608 SqFt. ⋅ 85032 Zip Code
1 bed / 1 bath condo. Great investment property for investors. Close to 101/FRWY AND SR 51 Minutes from Desert ridge Market Place This complex offers amenities like a pool, Lush Landscaping. Close to shopping and dining. Tenant in place. Current rent $1050/mo. with room to raise rent. month to month lease.

18202 N Cave Creek Road Unit 106, Phoenix
$125,000
2 Beds ⋅ 1 Baths ⋅ 7016285 MLS ⋅ 836 SqFt. ⋅ 85032 Zip Code
2 bed / 1 bath condo. Great investment property for investors. Close to 101/FRWY AND SR 51 Minutes from Desert ridge Market Place This complex offers amenities like a pool, Lush Landscaping. Close to shopping and dining. Tenant in place. Current rent $1200/mo. with room to raise rent. month to month lease.

18202 N Cave Creek Road Unit 240, Phoenix
$125,000
2 Beds ⋅ 1 Baths ⋅ 7016269 MLS ⋅ 836 SqFt. ⋅ 85032 Zip Code
Remodeled 2 bed / 1 bath condo. Great investment property for investors. Close to 101/FRWY AND SR 51 Minutes from Desert ridge Market Place This complex offers amenities like a pool, Lush Landscaping. close to shopping and dining. Tenant in place. Current rent $1075/mo with room to raise rent. month to month lease.

18202 N Cave Creek Road Unit 216, Phoenix
$625,000
5 Beds ⋅ 5 Baths ⋅ 6770097 MLS ⋅ 85032 Zip Code
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 ⋅ 85032 Zip Code
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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