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38411 N Jacqueline Drive,
Cave Creek, AZ 85331

$310,000 MLS: 5620025

Rare multi-family zoning in high-demand Cave Creek/Carefree. W/100's of restaurants, bars, galleries, shops w/i a 3 mile radius, the need for rental housing is great and currently under-met. Cave Creek is also a high-end tourist destination w/but a handful of lodging accommodations. This property is in the middle of it all (golf,shopping,night-life,dining) and screams for use as vacation rentals and/or apartments. Currently, the property is in great shape, used as a single family residence + guest suite. Lovely shaded patios, outdoor kitchen area, wood-fired pizza oven. Walking distance to downtown. If modified to duplex, one could expect an easy 10%+ CAP rate! Perfect for investor,1031 Exchange, Landbank,Extended Family situation. Priced to MOVE. Feel free to call w/questions. Won't last.
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