Property summary
This exceptional Class A, 8-unit apartment building in Carefree, Arizona presents a compelling investment opportunity. Boasting a 5.56% cap rate and a substantial net operating income (NOI) of $150,030.20, this stabilized property offers strong returns. The 6,000 square foot complex sits on a 33,080 square foot lot and includes two buildings, each meticulously renovated in 2022. The upgrades encompass new kitchens with ample storage, custom bathrooms, vinyl plank flooring, windows, fans,… fixtures, window treatments, in-unit washer/dryers, HVAC systems, and hot water heaters. A new pool and putting green enhance the property's appeal. The unit mix comprises four 2-bedroom/1-bathroom units (800 sq ft each) and four 1-bedroom/1-bathroom units (690 sq ft each), each with 1.13 parking spaces. Located across from the Sundial in downtown Carefree, this property enjoys a prime location within walking distance of shops, restaurants, bars, and hotels. Its proximity to downtown Cave Creek further enhances its desirability. The property's 100% occupancy rate underscores its strong market position. Built in 1963, this completely renovated complex offers a blend of vintage charm and modern amenities, making it an attractive investment for discerning buyers. The property's APN is 216-83-316C. Individual unit availability varies.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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