Renovated Two-Bedroom
For Sale
$339,900
13700 N FOUNTAIN HILLS Boulevard Unit 339, Fountain Hills, AZ 85268
Open-concept living area with stainless steel appliances and a breakfast bar.
Property Size1,228 SF
Price / SF$276.79
Days on Market61
Property Features for 13700 N FOUNTAIN HILLS Boulevard Unit 339
General Information
Standard status
Active
Size
1,228 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,067
Building Details
Building Size
1,228 SF
Year Built
1998
Listing Agency:
Keller Williams Arizona Realty
Listed By:
Richard F Barker · License #SA635052000
(602) 882-9404
Source:
Jcluxuryresidential
Added: Sep 3
Changed: Nov 1
Last Checked: Nov 1 at 1:02PM
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 Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Renovated townhome offering 1,228 square feet with two bedrooms and two bathrooms. The interior features an open-concept arrangement, 9-foot ceilings, contemporary finishes, and abundant natural light. A kitchen with stainless steel appliances and a breakfast bar supports both everyday use and casual gatherings.
The home is positioned in Fountain Hills with views toward the McDowell Mountains. Built in 1998, the property combines an established residential setting with updated interior finishes and a practical two-bedroom, two-bathroom layout.
The home is positioned in Fountain Hills with views toward the McDowell Mountains. Built in 1998, the property combines an established residential setting with updated interior finishes and a practical two-bedroom, two-bathroom layout.
Key Highlights
- Renovated 1,228‑square‑foot townhome
- Two bedrooms and two bathrooms
- 9‑foot ceilings and open‑concept interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,859
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,180
$277.2K
Cap Rate 7%
$197,986
$198.0K
Cap Rate 9%
$153,989
$154.0K
Market Conditions
NOI Build-Up for 1,228 SF
Gross rent
$26.5K $21.60/SF
− Vacancy
−$1.3K −$1.08/SF
EGI
$25.2K $20.52/SF
− OpEx
−$11.3K −$9.23/SF
NOI
$13.9K $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%
$277,180
Cap Rate 7%
$197,986
Cap Rate 9%
$153,989
Alternative Uses
Best Use
Apartment 5plus
$198.0K
$173.2K – $231.0K
NOI $13,859 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$379.9K
$332.4K – $443.2K
NOI $26,590 @ 7.0% cap · market cap 7.82%
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
Location Intelligence
Trade Area within ½ mile
122
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept living area with stainless steel appliances and a breakfast bar.
Where is this residential income property located?
The property is located at 13700 N FOUNTAIN HILLS Boulevard Unit 339 Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Renovated 1,228‑square‑foot townhome; Two bedrooms and two bathrooms; 9‑foot ceilings and open‑concept interior
