Two-Bedroom Condominium
For Sale
$325,000
13700 N FOUNTAIN HILLS Boulevard #327 Fountain, Fountain Hills, AZ 85268
Open-plan home with updated kitchen finishes, private primary suite, and energy-conscious dual-pane windows.
Property Size1,228 SF
Days on Market251
Property Features for 13700 N FOUNTAIN HILLS Boulevard #327 Fountain
General Information
Standard status
Active
Size
1,228 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
open floor plan
9-foot ceilings
walk-in closet
en-suite bath
granite countertops
wood cabinetry
stainless steel appliances
tile flooring
carpet
dual-pane windows
Central Air
Electric
Forced Air
Ceiling Fan(s)
Dryer
Washer
Refrigerator
Dishwasher
Disposal
Deck, Patio, Porch, SRP, Tile
Building Details
Building Size
1,228 SF
Year Built
1998
Stories
1
Listing Agency:
Keller Williams Arizona Realty
Listed By:
Richard Barker · License #SA635052000
(602) 882-9404
Source:
Kw
Added: Feb 12
Changed: Oct 21
Last Checked: Oct 21 at 12:19AM
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
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Investment Insights
Based on property information with market context.
Set within the Four Peaks Condominium Community, this 2-bedroom, 2-bathroom residence combines an open layout with 9-foot ceilings. The primary bedroom includes a walk-in closet and attached bathroom, while the kitchen features granite counters, wood cabinetry, and stainless steel appliances including a stove, microwave, refrigerator, and dishwasher.
Tile flooring serves the kitchen and bathrooms, with carpeted flooring in the living spaces. Dual-pane windows provide natural light and support energy efficiency. Interior amenities include central air, forced-air heating, ceiling fans, a washer, dryer, disposal, and refrigerator. The property was built in 1998 and also includes a deck, patio, and porch.
Tile flooring serves the kitchen and bathrooms, with carpeted flooring in the living spaces. Dual-pane windows provide natural light and support energy efficiency. Interior amenities include central air, forced-air heating, ceiling fans, a washer, dryer, disposal, and refrigerator. The property was built in 1998 and also includes a deck, patio, and porch.
Key Highlights
- 2‑bedroom, 2‑bathroom condominium residence
- Located in the Four Peaks Condominium Community
- 9‑foot ceilings and an open floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,859
Cap Rate
4.26%
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 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$379.9K
$332.4K – $443.2K
NOI $26,590 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property 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
Frequently Asked Questions
What type of property is this?
Residential income property - Open-plan home with updated kitchen finishes, private primary suite, and energy-conscious dual-pane windows.
Where is this residential income property located?
The property is located at 13700 N FOUNTAIN HILLS Boulevard #327 Fountain Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom condominium residence; Located in the Four Peaks Condominium Community; 9‑foot ceilings and an open floor plan
