Top-Floor Residential Income
For Sale
$369,000
14000 N 94TH Street #3189, Scottsdale, AZ 85260
The two-bedroom residence includes a separate den, a covered balcony, and access to a community pool and walking paths.
Property Size1,154 SF
Days on Market168
Property Features for 14000 N 94TH Street #3189
General Information
Standard status
Active
Size
1,154 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR+den
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
private covered balcony
community pool
walking paths
Building Details
Building Size
1,154 SF
Year Built
2002
Stories
1
Listing Agency:
eXp Realty
Listed By:
Jenna Shea
(480) 233-9745
Source:
Karolinakemski.kw
Added: Apr 22
Changed: Oct 6
Last Checked: Oct 5 at 3:36PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Located at 14000 N 94th Street #3189 in Scottsdale, this top-floor condo was built in 2002 and has two bedrooms, a dedicated den, and an ensuite bathroom in the primary suite. The living and dining areas connect with a kitchen, and a private covered balcony overlooks the surrounding neighborhood. Recent improvements include a dishwasher and sinks in the primary bathroom. There are no residences above the unit.
Bella Vista provides a community pool, walking paths, and maintained grounds. Shopping, dining, golf, parks, the Loop 101, and the McDowell Mountains are nearby.
Bella Vista provides a community pool, walking paths, and maintained grounds. Shopping, dining, golf, parks, the Loop 101, and the McDowell Mountains are nearby.
Key Highlights
- Top‑floor condo with no neighbors above
- Two bedrooms plus a dedicated den
- Private covered balcony with neighborhood views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,353
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,060
$267.1K
Cap Rate 7%
$190,757
$190.8K
Cap Rate 9%
$148,367
$148.4K
Market Conditions
NOI Build-Up for 1,154 SF
Gross rent
$25.3K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$24.3K $21.04/SF
− OpEx
−$10.9K −$9.47/SF
NOI
$13.4K $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%
$267,060
Cap Rate 7%
$190,757
Cap Rate 9%
$148,367
Alternative Uses
Best Use
Apartment 5plus
$190.8K
$166.9K – $222.6K
NOI $13,353 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$378.8K
$331.5K – $442.0K
NOI $26,518 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
Explore this area
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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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom residence includes a separate den, a covered balcony, and access to a community pool and walking paths.
Where is this residential income property located?
The property is located at 14000 N 94TH Street #3189 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Top‑floor condo with no neighbors above; Two bedrooms plus a dedicated den; Private covered balcony with neighborhood views
