Remodeled Top Floor
For Sale
$295,000
Pending
18811 N 19TH Avenue 3018, Phoenix, AZ 85027
Remodeled 2 bed, 2 bath unit with loft and views.
Property Size1,289 SF
Days on Market623
Property Features for 18811 N 19TH Avenue 3018
General Information
Standard status
Pending
Size
1,289 SF
Property subtype
Condo/Townhome
Site & Location
Neighborhood
Deer Valley
Taxes and HOA fees
Annual Taxes
$494
Building Details
Year Built
1984
Listing Agency:
Locality Real Estate
(602) 758-6007
Listed By:
Mallory R. Dachenhausen · License #BR638807000
(480) 286-8787
Source:
Exitrealty
Added: Feb 19, 2025
Changed: Oct 26
Last Checked: Oct 30 at 11:53AM
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 Locality Real Estate
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Investment Insights
Based on property information with market context.
This top-floor unit features 2 bedrooms, 2 bathrooms, and a loft, offering greenbelt views from all rooms. Vaulted ceilings and numerous windows contribute to a spacious and bright atmosphere. The unit has undergone extensive remodeling, including fresh interior paint, new baseboards, and new wood-look luxury vinyl plank flooring in the main living areas. The loft and bedrooms feature new carpet, while the bathrooms showcase new creamy hexagon tile flooring. The kitchen has freshly painted cabinets, refinished counters, new hardware, and brand-new stainless steel appliances. New modern black light fixtures and ceiling fans are installed throughout. Both bathrooms feature updated hardware, new toilets, refinished counters and shower & tubs, along with new black plumbing fixtures and medicine cabinets. The property size is 1289 square feet.
The Hidden Shores community is gated and includes a community pool & spa, lush landscaping, tennis courts, and a gated dog park. The location provides convenient access to the 101 and I-17 freeways, GCU, Mayo Clinic, and shopping, dining, hiking, and entertainment options in the Phoenix metro area.
The Hidden Shores community is gated and includes a community pool & spa, lush landscaping, tennis courts, and a gated dog park. The location provides convenient access to the 101 and I-17 freeways, GCU, Mayo Clinic, and shopping, dining, hiking, and entertainment options in the Phoenix metro area.
Key Highlights
- Completely remodeled 2 Bed 2 Bath plus Loft unit, move‑in ready
- Top floor unit with greenbelt views from all rooms
- Gated community with pool & spa, tennis courts, and dog park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,034
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,680
$300.7K
Cap Rate 7%
$214,771
$214.8K
Cap Rate 9%
$167,044
$167.0K
Market Conditions
NOI Build-Up for 1,289 SF
Gross rent
$29.1K $22.56/SF
− Vacancy
−$1.7K −$1.35/SF
EGI
$27.3K $21.21/SF
− OpEx
−$12.3K −$9.54/SF
NOI
$15.0K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,680
Cap Rate 7%
$214,771
Cap Rate 9%
$167,044
Alternative Uses
Best Use
Apartment 5plus
$214.8K
$187.9K – $250.6K
NOI $15,034 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.4K
$341.6K – $455.5K
NOI $27,331 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
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Business Placement
Demographics for 85027, AZ
38,343
Population
17,458
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,277
Density / Sq Mi
$73,255
Median Household Income
$46,338
Median Earnings
$1,488
Median Rent
$316,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Remodeled 2 bed, 2 bath unit with loft and views.
Where is this residential income property located?
The property is located at 18811 N 19TH Avenue 3018 Phoenix, AZ.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Completely remodeled 2 Bed 2 Bath plus Loft unit, move‑in ready; Top floor unit with greenbelt views from all rooms; Gated community with pool & spa, tennis courts, and dog park
