Two-Bedroom Residential Income
New
For Sale
$179,000
13817 N 111th Avenue, Sun City, AZ 85351
A 55+ community home includes a private courtyard, granite kitchen counters and a one-car garage.
Property Size1,210 SF
Price / SF$147.93
Days on Market2
Property Features for 13817 N 111th Avenue
General Information
Standard status
Active
Size
1,210 SF
Total Parking Spaces
1
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$663
Amenities
pool
spa
clubhouse
3/4 Bath Master Bdrm
Eat-in Kitchen
Granite Counters
Building Details
Building Size
1,210 SF
Year Built
1972
Stories
1
Listed By:
Randy Roach
(480) 832-4642
Source:
Azonlinerealty
Added: Oct 22
Last Checked: Oct 22 at 2:30PM
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 Randy Roach
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Investment Insights
Based on property information with market context.
This 1972 residential income property offers 2 bedrooms and 2 bathrooms across 1,210 square feet. The kitchen has granite countertops and a pantry, while the living room provides a central gathering space. A courtyard extends the home outdoors, and the one-car garage offers parking and additional storage space.
Located in Sun City, the property is within a 55+ community with pools, spas and clubhouse facilities.
Located in Sun City, the property is within a 55+ community with pools, spas and clubhouse facilities.
Key Highlights
- 2 bedrooms and 2 bathrooms in 1,210 square feet
- Built in 1972
- Granite kitchen countertops and a pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,656
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,120
$273.1K
Cap Rate 7%
$195,086
$195.1K
Cap Rate 9%
$151,733
$151.7K
Market Conditions
NOI Build-Up for 1,210 SF
Gross rent
$26.1K $21.60/SF
− Vacancy
−$1.3K −$1.08/SF
EGI
$24.8K $20.52/SF
− OpEx
−$11.2K −$9.23/SF
NOI
$13.7K $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%
$273,120
Cap Rate 7%
$195,086
Cap Rate 9%
$151,733
Alternative Uses
Best Use
Apartment 5plus
$195.1K
$170.7K – $227.6K
NOI $13,656 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$374.3K
$327.5K – $436.7K
NOI $26,200 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
666
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 - A 55+ community home includes a private courtyard, granite kitchen counters and a one-car garage.
Where is this residential income property located?
The property is located at 13817 N 111th Avenue Sun City, AZ.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 2 bedrooms and 2 bathrooms in 1,210 square feet; Built in 1972; Granite kitchen countertops and a pantry
