Two-Bedroom Residential Income
14000 N 94th St #3080, Scottsdale, AZ 85260
For Sale
New
$499,000
A third-floor residence combines an open den, private patio, and access to community recreation amenities.
Property Size1,279 SF
Price / SF$390.15
Days on Market5
Property Features for 14000 N 94th St #3080
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Multifamily Units
Amenities
pools
spas
fitness center
clubhouse
walking paths
Building Details
Year Built
Listing Agency:
Mackey & Associates Realty
(909) 702-8360
Listed By:
Tucker and Oleg
(602) 688-2836
Source:
Kennethjamesrealty
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 7:43AM
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 Mackey & Associates Realty
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Investment Insights
Based on property information with market context.
Built in 2003, this third-floor residence offers 1,279 square feet with two bedrooms, two bathrooms, and an open den or office. Vaulted ceilings shape the main living area, while granite tile counters, like-new appliances, and newer air conditioning serve the interior. A private patio captures mountain views. Elevator service and a designated underground parking space near the elevator are included.
Bella Vista is a gated community in Scottsdale with four pools, spas, a fitness center, clubhouse, and walking paths. The property is located at 14000 N 94th St, and the community amenities include options for recreation and exercise on site.
Bella Vista is a gated community in Scottsdale with four pools, spas, a fitness center, clubhouse, and walking paths. The property is located at 14000 N 94th St, and the community amenities include options for recreation and exercise on site.
Key Highlights
- 1,279‑square‑foot, third‑floor residence with 2 bedrooms, 2 bathrooms, and an open den or office
- Vaulted ceilings, granite tile countertops, like‑new appliances, and newer A/C
- Private patio with mountain views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,799
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,980
$296.0K
Cap Rate 7%
$211,414
$211.4K
Cap Rate 9%
$164,433
$164.4K
Market Conditions
NOI Build-Up for 1,279 SF
Gross rent
$28.1K $21.96/SF
− Vacancy
−$1.2K −$0.92/SF
EGI
$26.9K $21.04/SF
− OpEx
−$12.1K −$9.47/SF
NOI
$14.8K $11.57/SF
Area
Scottsdale, AZ
Vacancy
4.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,980
Cap Rate 7%
$211,414
Cap Rate 9%
$164,433
Alternative Uses
Best Use
Apartment 5plus
$211.4K
$185.0K – $246.7K
NOI $14,799 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$419.9K
$367.4K – $489.8K
NOI $29,390 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
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Business Placement
Demographics for 85260, AZ
37,967
Population
21,072
Households
1.8
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,674
Density / Sq Mi
$103,854
Median Household Income
$62,835
Median Earnings
$1,969
Median Rent
$637,000
Median Home Value
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Market
Properties on Market for Residential income properties in Scottsdale
Frequently Asked Questions
What type of property is this?
Residential income property - A third-floor residence combines an open den, private patio, and access to community recreation amenities.
Where is this residential income property located?
The property is located at 14000 N 94th St #3080 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,279‑square‑foot, third‑floor residence with 2 bedrooms, 2 bathrooms, and an open den or office; Vaulted ceilings, granite tile countertops, like‑new appliances, and newer A/C; Private patio with mountain views
