Residential Income Property with
For Sale
$329,000
13644 N SAGUARO Boulevard 202, Fountain Hills, AZ 85268
Condominium residence with flexible living areas, outdoor spaces, and access to a maintained community pool.
Property Size1,050 SF
Days on Market244
Property Features for 13644 N SAGUARO Boulevard 202
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$787
Building Details
Building Size
1,050 SF
Year Built
1996
Listing Agency:
MCO Realty
Listed By:
Lisa Berry
(317) 698-1032
Source:
Jcluxuryresidential
Added: Feb 19
Changed: Oct 19
Last Checked: Oct 21 at 3:37AM
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 MCO Realty
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Investment Insights
Based on property information with market context.
This residential income property is a condominium residence built in 1996, with a split-bedroom layout, 9-foot ceilings, and an oversized private garage. Interior spaces are arranged for both everyday living and entertaining, while the unit adds a covered front deck and a private balcony with mountain views.
Residents have access to a community pool and can walk to the Fountain Hills area’s restaurants, shopping, downtown setting, and fountain attraction. The combination of multiple outdoor areas, dedicated garage storage, and a low-maintenance condominium format supports use as a desert retreat or lock-and-leave residence.
Residents have access to a community pool and can walk to the Fountain Hills area’s restaurants, shopping, downtown setting, and fountain attraction. The combination of multiple outdoor areas, dedicated garage storage, and a low-maintenance condominium format supports use as a desert retreat or lock-and-leave residence.
Key Highlights
- Oversized private garage provides additional storage and convenience
- 9‑foot ceilings and a split‑bedroom floor plan
- Private balcony with mountain views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,850
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,000
$237.0K
Cap Rate 7%
$169,286
$169.3K
Cap Rate 9%
$131,667
$131.7K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$22.7K $21.60/SF
− Vacancy
−$1.1K −$1.08/SF
EGI
$21.5K $20.52/SF
− OpEx
−$9.7K −$9.23/SF
NOI
$11.9K $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%
$237,000
Cap Rate 7%
$169,286
Cap Rate 9%
$131,667
Alternative Uses
Best Use
Apartment 5plus
$169.3K
$148.1K – $197.5K
NOI $11,850 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.8K
$284.2K – $378.9K
NOI $22,736 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
Explore this area
Business Placement
Demographics for 85268, AZ
24,031
Population
13,429
Households
1.8
Avg Household Size
61
Median Age
50%
College-Educated
97%
High-School Grad
20.5 sq mi
ZIP Area
1,172
Density / Sq Mi
$105,288
Median Household Income
$55,054
Median Earnings
$1,781
Median Rent
$576,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with flexible living areas, outdoor spaces, and access to a maintained community pool.
Where is this residential income property located?
The property is located at 13644 N SAGUARO Boulevard 202 Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Oversized private garage provides additional storage and convenience; 9‑foot ceilings and a split‑bedroom floor plan; Private balcony with mountain views
