Mountain Springs Terrace Condominiums Homes with Paved Parking Features

Mountain Springs Terrace Condominiums Homes with Paved Parking Features

Welcome to Mountain Springs Terrace Condominiums, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming community offers an ideal blend of comfort and convenience, making it the perfect place for those seeking a serene lifestyle with easy access to urban amenities.

Mountain Springs Terrace is designed for modern living, featuring beautifully maintained condominiums that boast paved parking for your convenience. No more worrying about finding a parking spot after a long day; here, you can enjoy the peace of mind that comes with dedicated parking right at your doorstep.

The community is surrounded by stunning mountain views and lush landscaping, providing a picturesque backdrop for your daily life. Residents can take advantage of nearby parks, hiking trails, and recreational areas, perfect for outdoor enthusiasts and families alike. The location also offers quick access to major highways, making commuting a breeze and allowing you to explore all that Phoenix has to offer.

Inside the condos, you'll find spacious layouts with modern finishes, designed to create a warm and inviting atmosphere. Whether you're a first-time buyer, a busy professional, or looking to downsize, Mountain Springs Terrace Condominiums cater to a variety of lifestyles.

Experience the best of Phoenix living in a community that feels like home. With its prime location, paved parking features, and a welcoming atmosphere, Mountain Springs Terrace Condominiums is ready to welcome you to your next chapter. Come explore the possibilities and discover your dream home today!

Newest Mountain Springs Terrace Condominiums Homes with Paved Parking Features

$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
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