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Furnished Short-Term Rental Studio

12123 W Bell Rd #336, Surprise, AZ 85378

For Sale
New
$125,000

A private balcony, in-unit laundry, and furnishings support personal stays or vacation-rental operation.

Property Size459 SF
Price / SF$272.33
Days on Market2

Property Features for 12123 W Bell Rd #336

General Information

Standard status Active
Size 459 SF
Property subtype Multi-Family

Additional Details

Furnished Yes
Highway Access Yes
Multifamily Units 1

Amenities

private balcony
in-unit laundry
heated pool
spa
clubhouse
greenbelts

Building Details

Year Built 1987
Listing Agency: W3st Realty, LLC
Listed By: Ryan Bieber
Source: Searcharizonahomesforsale
Added: Nov 12 Last Checked: Nov 12 at 2:33PM

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 W3st Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Unit 336 is a furnished studio residence of 459 square feet at The Cliffs Condominiums. It includes a private balcony and laundry within the unit, and is set up for vacation-rental use. The space may also serve as a personal residence or seasonal retreat. Property management services are available for booking support.

Community amenities include a heated pool, spa, clubhouse, and greenbelts. Loop 303, Surprise Stadium, retail, restaurants, and golf are a short drive away. The condominium association covers water, sewer, trash, roof, and exterior maintenance. The building dates to 1987.

Key Highlights

  • 459‑square‑foot furnished studio at The Cliffs Condominiums
  • Private balcony and in‑unit laundry
  • Set up for vacation‑rental use; property management is available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,709
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$94,180 $94.2K
Cap Rate 7%
$67,271 $67.3K
Cap Rate 9%
$52,322 $52.3K
Market Conditions
NOI Build-Up for 459 SF
Gross rent
$9.1K $19.80/SF
− Vacancy
−$527 −$1.15/SF
EGI
$8.6K $18.65/SF
− OpEx
−$3.9K −$8.39/SF
NOI
$4.7K $10.26/SF
Area
Surprise, AZ
Vacancy
5.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$94,180
Cap Rate 7%
$67,271
Cap Rate 9%
$52,322

Alternative Uses

Best Use
Apartment 5plus
$67.3K
$58.9K – $78.5K (±1% cap)
NOI $4,709 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$141.5K
$123.9K – $165.1K (±1% cap)
NOI $9,908 @ 7.0% cap · market cap 7.93%
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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 85378, AZ

9,368
Population
4,671
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
85%
High-School Grad
3.6 sq mi
ZIP Area
2,602
Density / Sq Mi
$62,881
Median Household Income
$39,942
Median Earnings
$1,369
Median Rent
$235,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Short term rental properties in Maricopa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - A private balcony, in-unit laundry, and furnishings support personal stays or vacation-rental operation.
Where is this short term rental property located?
The property is located at 12123 W Bell Rd #336 Surprise, AZ.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 459‑square‑foot furnished studio at The Cliffs Condominiums; Private balcony and in‑unit laundry; Set up for vacation‑rental use; property management is available
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