Residential Income Property with Recent
For Sale
$149,900
10427 N 105TH Drive, Sun City, AZ 85351
Recent improvements include a 2026 roof, newer dual-pane windows, an updated air-conditioning system and sewer lines replaced in 2021.
Property Size960 SF
Price / SF$156.15
Days on Market215
Property Features for 10427 N 105TH Drive
General Information
Standard status
Active
Size
960 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$517
Building Details
Building Size
960 SF
Year Built
1966
Listing Agency:
Keller Williams Arizona Realty
Listed By:
Saul Perez
(623) 693-1115
Source:
Themoderndesertgroup
Added: Apr 2
Changed: Nov 1
Last Checked: Nov 1 at 3:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Arizona Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property was built in 1966 and features light-filled rooms with a functional layout. Recent improvements include a 2026 roof through the HOA, newer dual-pane windows, a newer air-conditioning system and sewer line replacement in 2021.
The property is near Fairway Recreation Center and Mountain View Recreation Center in Sun City. The centers offer amenities including pools, fitness facilities, tennis courts, lawn bowling and billiards; Sun City Amphitheater is also among the nearby recreational destinations.
The property is near Fairway Recreation Center and Mountain View Recreation Center in Sun City. The centers offer amenities including pools, fitness facilities, tennis courts, lawn bowling and billiards; Sun City Amphitheater is also among the nearby recreational destinations.
Key Highlights
- 1966 construction
- 2026 roof (HOA)
- Sewer lines replaced in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,835
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,700
$216.7K
Cap Rate 7%
$154,786
$154.8K
Cap Rate 9%
$120,389
$120.4K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$20.7K $21.60/SF
− Vacancy
−$1.0K −$1.08/SF
EGI
$19.7K $20.52/SF
− OpEx
−$8.9K −$9.23/SF
NOI
$10.8K $11.29/SF
Area
Maricopa County, AZ
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,700
Cap Rate 7%
$154,786
Cap Rate 9%
$120,389
Alternative Uses
Best Use
Apartment 5plus
$154.8K
$135.4K – $180.6K
NOI $10,835 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$297.0K
$259.8K – $346.5K
NOI $20,787 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 85351, AZ
29,795
Population
20,414
Households
1.5
Avg Household Size
73
Median Age
24%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
2,733
Density / Sq Mi
$50,812
Median Household Income
$29,786
Median Earnings
$1,477
Median Rent
$250,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Recent improvements include a 2026 roof, newer dual-pane windows, an updated air-conditioning system and sewer lines replaced in 2021.
Where is this residential income property located?
The property is located at 10427 N 105TH Drive Sun City, AZ.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1966 construction; 2026 roof (HOA); Sewer lines replaced in 2021
