End-Unit Apartment with
For Sale
$168,000
10458 W OAKMONT Drive, Sun City, AZ 85351
An enclosed, air-conditioned lanai adds flexible space beside the one-bedroom interior.
Property Size729 SF
Price / SF$230.45
Days on Market25
Property Features for 10458 W OAKMONT Drive
General Information
Standard status
Active
Size
729 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Building Details
Year Built
1960
Listing Agency:
Berkshire Hathaway Homeservices Arizona Properties
Listed By:
Kathryn Thomas
(480) 505-6300
Source:
Kathrynthomas
Added: Oct 6
Changed: Oct 28
Last Checked: Oct 28 at 3:20PM
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 Berkshire Hathaway Homeservices Arizona Properties
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath end-unit apartment features a great room, vaulted ceilings, and tile and wood-look flooring. The kitchen is equipped with stainless steel appliances, granite countertops, white shaker cabinets, recessed lighting, a pantry, and an island with breakfast bar. Sliding glass doors connect the bedroom to an enclosed, air-conditioned lanai with a closet; the lanai leads to a private paver patio. Garage access is also provided.
The home is in Sun City, near recreation centers, golf, shopping, and medical facilities. Built in 1960, it offers a compact residential layout with an enclosed bonus area and outdoor patio.
The home is in Sun City, near recreation centers, golf, shopping, and medical facilities. Built in 1960, it offers a compact residential layout with an enclosed bonus area and outdoor patio.
Key Highlights
- End‑unit apartment in Sun City
- 1 bedroom and 1 bathroom
- Enclosed, air‑conditioned lanai with closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,227
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,540
$164.5K
Cap Rate 7%
$117,529
$117.5K
Cap Rate 9%
$91,411
$91.4K
Market Conditions
NOI Build-Up for 729 SF
Gross rent
$15.7K $21.60/SF
− Vacancy
−$787 −$1.08/SF
EGI
$15.0K $20.52/SF
− OpEx
−$6.7K −$9.23/SF
NOI
$8.2K $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%
$164,540
Cap Rate 7%
$117,529
Cap Rate 9%
$91,411
Alternative Uses
Best Use
Apartment 5plus
$117.5K
$102.8K – $137.1K
NOI $8,227 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.5K
$197.3K – $263.1K
NOI $15,785 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,330
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - An enclosed, air-conditioned lanai adds flexible space beside the one-bedroom interior.
Where is this residential income property located?
The property is located at 10458 W OAKMONT Drive Sun City, AZ.
What is the asking price?
The asking price for this property is $168,000.
What are key features of this property?
This property features: End‑unit apartment in Sun City; 1 bedroom and 1 bathroom; Enclosed, air‑conditioned lanai with closet
