18202 Cave Creek Rd Unit 111

18202 Cave Creek Rd Unit 111, Phoenix, AZ, 85032

Description

18202 Cave Creek Rd Unit 111 sits in Phoenix, at the corner of N 40th St and E Greenway Rd. This low-rise building has 2 stories and consists of 73 condominium units. Constructed in 1983, the unit sizes range from 608 to 836 square feet. Units in this building include 1, 2, and 3 bedrooms. Prices fall between $170,000 and $175,000. The average closed price in the last 12 months was about $138,350, with an average price per square foot of $166. The lowest sold price was around $110,000, indicating a range of potential for buyers. Amenities include a community pool and coin-operated laundry facilities. The building is self-managed and allows rentals. This presents an opportunity for investors, as some units are tenant occupied, offering the chance for cash flow. The location provides quick access to Loop 101 and 51 freeways. Nearby, the Desert Ridge area has a variety of shopping and entertainment options. Grocery needs can be met at Albertsons, while eating out is easy with places like Papa John's Pizza close by. Units offer spacious living areas and open kitchen layouts with modern finishes. Some units provide great pool views. The average days on the market for units has been about 115. This area in North Phoenix remains affordable, making it an appealing option for various buyers.