Mountain Springs Terrace Condominium Homes with North Canyon High School

Welcome to Mountain Springs Terrace Condominium, a hidden gem nestled in the heart of Phoenix, Arizona. This vibrant community offers the perfect blend of comfort, convenience, and a touch of desert charm. With its stunning views of the surrounding mountains and lush landscaping, Mountain Springs Terrace is an ideal choice for those seeking a serene lifestyle without sacrificing access to urban amenities.

Each condominium in this thoughtfully designed subdivision boasts modern finishes and spacious layouts, providing residents with a warm and inviting atmosphere. Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, these homes cater to a variety of lifestyles. Enjoy the ease of maintenance-free living while taking advantage of the community's amenities, including a sparkling pool, fitness center, and beautifully landscaped common areas.

Families will appreciate the proximity to North Canyon High School, which is known for its strong academic programs and commitment to student success. This makes Mountain Springs Terrace not only a desirable place to live but also a fantastic choice for families looking to provide their children with quality education.

Located in Maricopa County, residents enjoy quick access to major highways, shopping centers, and dining options, making it easy to experience all that Phoenix has to offer. Whether you’re exploring the nearby hiking trails or enjoying a night out in the city, Mountain Springs Terrace is the perfect base for your adventures.

Discover the charm and convenience of Mountain Springs Terrace Condominium—where your dream home awaits!

Newest Mountain Springs Terrace Condominium Homes with North Canyon High School

18202 Cave Creek Road Unit 5 units, Phoenix

$625,000

5 Beds ⋅ 5 Baths ⋅ 6770097 MLS ⋅ ACTIVE Status ⋅ 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

18202 Cave Creek Road Unit 17units, Phoenix

$2,125,000

29 Beds ⋅ 29 Baths ⋅ 6770068 MLS ⋅ ACTIVE Status ⋅ 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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