Residential Income Property with Arizona
For Sale
$169,900
13216 N 99TH Drive, Sun City, AZ 85351
The two-bedroom layout includes an eat-in kitchen, private patio, and one-car garage.
Property Size1,034 SF
Price / SF$164.31
Days on Market117
Property Features for 13216 N 99TH Drive
General Information
Standard status
Active
Size
1,034 SF
Total Parking Spaces
1
Property subtype
Apartment
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Parking per Unit
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$543
Amenities
grass courtyard
Building Details
Building Size
1,034 SF
Year Built
1972
Listing Agency:
Keller Williams Arizona Living Realty
Listed By:
The Modern Desert Group · License #SA630303000
(719) 650-4959
Source:
Themoderndesertgroup
Added: Jul 9
Changed: Nov 2
Last Checked: Nov 1 at 3:30PM
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 Living Realty
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Investment Insights
Based on property information with market context.
This 1,034-square-foot residential income property was built in 1972. Its two bedrooms each have a walk-in closet, and the main living and dining area has high ceilings. The eat-in kitchen has updated cabinetry and granite countertops. An Arizona room adds interior space and opens to a patio with pavers and artificial turf. A one-car garage is included, along with the washer, dryer, and refrigerator. The windows and HVAC system have been replaced.
The property is in Sun City, a 55+ age-restricted community, near medical facilities, recreation centers, shopping, and the 101 freeway. A grass courtyard provides shared outdoor space. The HOA covers exterior painting of the unit.
The property is in Sun City, a 55+ age-restricted community, near medical facilities, recreation centers, shopping, and the 101 freeway. A grass courtyard provides shared outdoor space. The HOA covers exterior painting of the unit.
Key Highlights
- 1,034 square feet; built in 1972
- Two bedrooms, each with a walk‑in closet
- Arizona room opens to a patio with pavers and artificial turf
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,670
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,400
$233.4K
Cap Rate 7%
$166,714
$166.7K
Cap Rate 9%
$129,667
$129.7K
Market Conditions
NOI Build-Up for 1,034 SF
Gross rent
$22.3K $21.60/SF
− Vacancy
−$1.1K −$1.08/SF
EGI
$21.2K $20.52/SF
− OpEx
−$9.5K −$9.23/SF
NOI
$11.7K $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%
$233,400
Cap Rate 7%
$166,714
Cap Rate 9%
$129,667
Alternative Uses
Best Use
Apartment 5plus
$166.7K
$145.9K – $194.5K
NOI $11,670 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.8K
$279.9K – $373.2K
NOI $22,389 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,212
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom layout includes an eat-in kitchen, private patio, and one-car garage.
Where is this residential income property located?
The property is located at 13216 N 99TH Drive Sun City, AZ.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 1,034 square feet; built in 1972; Two bedrooms, each with a walk‑in closet; Arizona room opens to a patio with pavers and artificial turf
