Updated Residential Income
For Sale
$183,400
13720 N 98th Ave #I, Sun City, AZ 85351
Condominium residence with in-unit laundry, a covered patio, and extensive interior and exterior updates.
Property Size1,141 SF
Price / SF$160.74
Days on Market53
Property Features for 13720 N 98th Ave #I
General Information
Standard status
Active
Size
1,141 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
1
Amenities
washer/dryer in unit
covered patio
security door
8 rec centers
pools
golf courses
pickleball
Building Details
Year Built
1972
Listing Agency:
Realty One Group
(623) 236-1414
Listed By:
Ryan Bieber
(623) 323-9559
Source:
Searcharizonahomesforsale
Added: Sep 1
Changed: Oct 21
Last Checked: Oct 23 at 7:23AM
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 Realty One Group
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Investment Insights
Based on property information with market context.
This condominium residence was built in 1972 and offers 1,141 square feet of living space. Improvements include dual-pane Anderson windows, an Anderson front door, wood shutters, upgraded flooring, granite countertops, hi-rise toilets, and a security door. The kitchen includes an LG stove and dishwasher, while a washer and dryer are located inside the unit. A covered patio adds outdoor space.
The property is within Sun City, an active adult community with 8 recreation centers, pools, golf courses, and pickleball facilities. The residence is located at 13720 N 98th Ave, Unit I, in Sun City, Arizona.
The property is within Sun City, an active adult community with 8 recreation centers, pools, golf courses, and pickleball facilities. The residence is located at 13720 N 98th Ave, Unit I, in Sun City, Arizona.
Key Highlights
- 1,141‑square‑foot condominium residence built in 1972
- In‑unit washer and dryer
- Dual‑pane Anderson windows and Anderson front door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,877
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,540
$257.5K
Cap Rate 7%
$183,957
$184.0K
Cap Rate 9%
$143,078
$143.1K
Market Conditions
NOI Build-Up for 1,141 SF
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
$12.9K $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%
$257,540
Cap Rate 7%
$183,957
Cap Rate 9%
$143,078
Alternative Uses
Best Use
Apartment 5plus
$184.0K
$161.0K – $214.6K
NOI $12,877 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.9K
$308.8K – $411.8K
NOI $24,706 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
Explore this area
Business Placement
Demographics for 85351, AZ
29,795
Population
20,414
Households
1.5
Avg Household Size
73
Median Age
24%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
2,733
Density / Sq Mi
$50,812
Median Household Income
$29,786
Median Earnings
$1,477
Median Rent
$250,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with in-unit laundry, a covered patio, and extensive interior and exterior updates.
Where is this residential income property located?
The property is located at 13720 N 98th Ave #I Sun City, AZ.
What is the asking price?
The asking price for this property is $183,400.
What are key features of this property?
This property features: 1,141‑square‑foot condominium residence built in 1972; In‑unit washer and dryer; Dual‑pane Anderson windows and Anderson front door
