Furnished Residential Income
For Sale
$233,000
13256 W ALEPPO Drive Sun City, Sun City West, AZ 85375
Condominium features updated windows, newer roof, HVAC, garage door, and a screened patio.
Property Size1,138 SF
Days on Market187
Property Features for 13256 W ALEPPO Drive Sun City
General Information
Standard status
Active
Size
1,138 SF
Property subtype
Apartment
Additional Details
Furnished
Yes
Multifamily Units
1
Amenities
screened patio
Heat Pump
Central Air
Dryer
Washer
Refrigerator
Dishwasher
Disposal
Electric Oven
Patio, Porch, APS, Composition
Building Details
Building Size
1,138 SF
Year Built
1984
Stories
1
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
COLDWELL BANKER REALTY
Source:
Kw
Added: Feb 27
Changed: Sep 2
Last Checked: Sep 1 at 12:27AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This furnished condominium offers a two-bedroom layout with baths, carpet and tile flooring, and a screened patio that extends the usable living area outdoors. Updated windows, a newer roof, HVAC, and a newer garage door are among the property improvements. Central air and a heat pump support year-round climate control, while the kitchen includes a refrigerator, dishwasher, disposal, and electric oven. A washer and dryer are also included.
The property is located at 13256 W Aleppo Drive in Sun City West, Arizona, within the 85375 ZIP code. Exterior features include a patio, porch, composition materials, and APS service as identified in the property information. Built in 1984, the residence is offered fully furnished.
The property is located at 13256 W Aleppo Drive in Sun City West, Arizona, within the 85375 ZIP code. Exterior features include a patio, porch, composition materials, and APS service as identified in the property information. Built in 1984, the residence is offered fully furnished.
Key Highlights
- Fully furnished condominium at 13256 W Aleppo Drive, Sun City West, AZ 85375
- Two bedrooms and baths with carpet and tile flooring
- Updated windows, newer roof, HVAC, and newer garage door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,843
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$256,860
$256.9K
Cap Rate 7%
$183,471
$183.5K
Cap Rate 9%
$142,700
$142.7K
Market Conditions
NOI Build-Up for 1,138 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$24.6K $21.60/SF
− Vacancy
−$1.2K −$1.08/SF
EGI
$23.4K $20.52/SF
− OpEx
−$10.5K −$9.23/SF
NOI
$12.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$256,860
Cap Rate 7%
$183,471
Cap Rate 9%
$142,700
Alternative Uses
Best Use
Apartment 5plus
$183.5K
$160.5K – $214.1K
NOI $12,843 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.0K
$308.0K – $410.7K
NOI $24,641 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 85375, AZ
27,944
Population
19,340
Households
1.4
Avg Household Size
75
Median Age
35%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
2,254
Density / Sq Mi
$63,977
Median Household Income
$30,838
Median Earnings
$1,658
Median Rent
$350,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium features updated windows, newer roof, HVAC, garage door, and a screened patio.
Where is this residential income property located?
The property is located at 13256 W ALEPPO Drive Sun City Sun City West, AZ.
What is the asking price?
The asking price for this property is $233,000.
What are key features of this property?
This property features: Fully furnished condominium at 13256 W Aleppo Drive, Sun City West, AZ 85375; Two bedrooms and baths with carpet and tile flooring; Updated windows, newer roof, HVAC, and newer garage door
