One-Bedroom Residential Income
For Sale
$265,000
13700 N FOUNTAIN HILLS Boulevard Unit 317, Fountain Hills, AZ 85268
A private exterior entrance and covered balcony distinguish this Fountain Hills condo.
Property Size778 SF
Price / SF$340.62
Days on Market17
Property Features for 13700 N FOUNTAIN HILLS Boulevard Unit 317
General Information
Standard status
Active
Size
778 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$726
Amenities
pool
spa
fitness center
Building Details
Building Size
778 SF
Year Built
1998
Listing Agency:
Keller Williams Arizona Realty
Listed By:
Richard F Barker · License #SA635052000
(602) 882-9404
Source:
1912realty
Added: Oct 12
Changed: Oct 26
Last Checked: Oct 26 at 9:31AM
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.
Built in 1998, this 778-square-foot condo has one bedroom and one bathroom. The kitchen opens to the dining and living areas and features white cabinetry, stainless steel appliances, modern fixtures, and a breakfast bar. A covered balcony connects to the living space through sliding glass doors. The bedroom includes a walk-in closet, and flooring combines luxury vinyl with carpet.
The residence is in the Four Peaks community in Fountain Hills. Community amenities include a heated swimming pool, spa, and fitness center.
The residence is in the Four Peaks community in Fountain Hills. Community amenities include a heated swimming pool, spa, and fitness center.
Key Highlights
- 778‑square‑foot condo with one bedroom and one bathroom
- Private exterior entrance and covered balcony
- Kitchen with stainless steel appliances, white cabinetry, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,781
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,620
$175.6K
Cap Rate 7%
$125,443
$125.4K
Cap Rate 9%
$97,567
$97.6K
Market Conditions
NOI Build-Up for 778 SF
Gross rent
$16.8K $21.60/SF
− Vacancy
−$840 −$1.08/SF
EGI
$16.0K $20.52/SF
− OpEx
−$7.2K −$9.23/SF
NOI
$8.8K $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 Rate 5%
$175,620
Cap Rate 7%
$125,443
Cap Rate 9%
$97,567
Alternative Uses
Best Use
Apartment 5plus
$125.4K
$109.8K – $146.4K
NOI $8,781 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.7K
$210.6K – $280.8K
NOI $16,846 @ 7.0% cap · market cap 6.36%
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 - A private exterior entrance and covered balcony distinguish this Fountain Hills condo.
Where is this residential income property located?
The property is located at 13700 N FOUNTAIN HILLS Boulevard Unit 317 Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 778‑square‑foot condo with one bedroom and one bathroom; Private exterior entrance and covered balcony; Kitchen with stainless steel appliances, white cabinetry, and breakfast bar
