Refined Living in 55+
For Sale
$365,000
7143 E CANYON WREN Drive Gold, Gold Canyon, AZ 85118
Light-filled home with modern amenities in Mountainbrook Village 55+ community.
Property Size1,574 SF
Price / SF$231.89
Days on Market671
Property Features for 7143 E CANYON WREN Drive Gold
General Information
Standard status
Active
Size
1,574 SF
Property subtype
Multi-Family
Amenities
Ceiling Fan(s)
Electric
Central Air
Electric Cooktop
Water Purifier
Patio, Porch, SRP, Tile, Foam, Rolled/Hot Mop
Building Details
Building Size
1,574 SF
Year Built
1999
Stories
1
Listing Agency:
Realty ONE Group
Listed By:
Realty ONE Group
Source:
Kw
Added: Dec 13, 2024
Changed: Oct 12
Last Checked: Oct 14 at 10:27PM
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 Realty ONE Group
Investment Insights
Based on property information with market context.
This Bayberry Model home, located in the Mountainbrook Village 55+ community, offers refined living. The interior is light-filled and was freshly painted in May 2025. The gourmet kitchen includes pull-out shelves, a portable island, and a refrigerator installed in December 2019. The primary suite features a custom walk-in shower. A versatile second bedroom includes custom office space. The home provides abundant storage and a private, fenced backyard with a covered patio. A washer and dryer were installed in October 2020, and the roof was replaced in December 2020. The A/C heat pump and blower were installed in May 2019, and the water heater was replaced in 2024. Ceiling fans were installed in the living room, dining room, and second bedroom in May 2025. Residents have access to amenities such as a clubhouse, golf course, heated pools and spas, a health center, and pickleball courts.
Key Highlights
- Located in the prestigious Mountainbrook Village 55+ community with world‑class amenities (clubhouse, golf course, pools, health center, pickleball).
- Gourmet kitchen with pull‑out shelves, portable island, and refrigerator.
- Luxurious primary suite with custom walk‑in shower.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,383
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,660
$247.7K
Cap Rate 7%
$176,900
$176.9K
Cap Rate 9%
$137,589
$137.6K
Market Conditions
NOI Build-Up for 1,574 SF
Gross rent
$25.5K $16.20/SF
− Vacancy
−$3.0K −$1.90/SF
EGI
$22.5K $14.30/SF
− OpEx
−$10.1K −$6.44/SF
NOI
$12.4K $7.87/SF
Area
Pinal County, AZ
Vacancy
11.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,660
Cap Rate 7%
$176,900
Cap Rate 9%
$137,589
Alternative Uses
Best Use
Apartment 5plus
$176.9K
$154.8K – $206.4K
NOI $12,383 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.1K
$380.8K – $507.7K
NOI $30,460 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 85118, AZ
13,044
Population
9,042
Households
1.4
Avg Household Size
66
Median Age
38%
College-Educated
94%
High-School Grad
148.7 sq mi
ZIP Area
88
Density / Sq Mi
$82,856
Median Household Income
$47,621
Median Earnings
$1,244
Median Rent
$447,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Light-filled home with modern amenities in Mountainbrook Village 55+ community.
Where is this multifamily property located?
The property is located at 7143 E CANYON WREN Drive Gold Gold Canyon, AZ.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Located in the prestigious Mountainbrook Village 55+ community with world‑class amenities (clubhouse, golf course, pools, health center, pickleball).; Gourmet kitchen with pull‑out shelves, portable island, and refrigerator.; Luxurious primary suite with custom walk‑in shower.
