Furnished Residential Income
For Sale
$314,500
Pending
13818 N Saguaro Blvd #104, Fountain Hills, AZ 85268
Ground-floor condo with single-level access, a covered patio, heated pool, and attached one-car garage.
Property Size1,032 SF
Days on Market53
Property Features for 13818 N Saguaro Blvd #104
General Information
Standard status
Pending
Size
1,032 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Additional Details
Furnished
Yes
Multifamily Units
1
Amenities
heated pool
private covered patio
Building Details
Year Built
1997
Listing Agency:
Realty One Group
(480) 321-8100
Listed By:
Thompson Shepherd Group
(480) 418-1838
Source:
Thompsonshepherdgroup
Added: Aug 30
Changed: Oct 21
Last Checked: Oct 20 at 8:15PM
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
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 1997, this fully furnished ground-floor condominium offers 1,032 square feet of single-level living at 13818 N Saguaro Blvd #104 in Fountain Hills. The residence has no steps, luxury vinyl plank flooring throughout, tiled bathrooms, and a primary suite with a walk-in closet. A second bedroom includes a Murphy bed, while the updated kitchen is equipped with a newer microwave and dishwasher.
The property also includes a private covered patio and access to a heated community pool located nearby. An attached one-car garage provides dedicated parking. The condominium is positioned within a quiet, well-maintained community near downtown Fountain Hills.
The property also includes a private covered patio and access to a heated community pool located nearby. An attached one-car garage provides dedicated parking. The condominium is positioned within a quiet, well-maintained community near downtown Fountain Hills.
Key Highlights
- Fully furnished 1,032‑square‑foot ground‑floor condo
- Single‑level layout with no steps
- Two bedrooms, including a Murphy bed in the second bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,647
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,940
$232.9K
Cap Rate 7%
$166,386
$166.4K
Cap Rate 9%
$129,411
$129.4K
Market Conditions
NOI Build-Up for 1,032 SF
Gross rent
$22.3K $21.60/SF
− Vacancy
−$1.1K −$1.08/SF
EGI
$21.2K $20.52/SF
− OpEx
−$9.5K −$9.23/SF
NOI
$11.6K $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%
$232,940
Cap Rate 7%
$166,386
Cap Rate 9%
$129,411
Alternative Uses
Best Use
Apartment 5plus
$166.4K
$145.6K – $194.1K
NOI $11,647 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.2K
$279.3K – $372.4K
NOI $22,346 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,100
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 - Ground-floor condo with single-level access, a covered patio, heated pool, and attached one-car garage.
Where is this residential income property located?
The property is located at 13818 N Saguaro Blvd #104 Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $314,500.
What are key features of this property?
This property features: Fully furnished 1,032‑square‑foot ground‑floor condo; Single‑level layout with no steps; Two bedrooms, including a Murphy bed in the second bedroom
