Residential Income Property with Heated Pool and
New
For Sale
$239,900
14575 W Mountain View Boulevard #12106, Surprise, AZ 85374
One-level two-bedroom, two-bath apartment home in a community with heated pool, fitness center, and theatre room amenities.
Property Size1,293 SF
Price / SF$185.54
Days on Market3
Property Features for 14575 W Mountain View Boulevard #12106
General Information
Standard status
Active
Size
1,293 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
heated pool/spa
BBQ
courtyards
fitness center
theatre room
walking trails
ball courts
clubhouse with full kitchen
pet friendly
washer
dryer
refrigerator
Building Details
Building Size
1,293 SF
Year Built
2006
Listing Agency:
Realty of America LLC
(480) 702-5838
Listed By:
Carolina Gomez
(480) 702-5838
Source:
Aznewhorizonrealty
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 3:29AM
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 of America LLC
Investment Insights
Based on property information with market context.
This one-level two-bedroom, two-bath apartment home is part of a residential income property built in 2006. The split-floor-plan unit features a kitchen with granite countertops, chestnut cabinets, and black appliances, with ample storage throughout. The home includes a washer, dryer, and refrigerator.
Community amenities are a major draw, with a heated pool and spa, BBQ areas, courtyards, and walking trails. Residents also have access to a fitness center, theatre room, ball courts, and a clubhouse with a full kitchen.
The master bedroom includes a large master bath, and the unit is described as pet friendly. This home is positioned for tenants or residents looking for an amenity-rich community with an in-home washer and dryer and a straightforward, one-level layout.
Community amenities are a major draw, with a heated pool and spa, BBQ areas, courtyards, and walking trails. Residents also have access to a fitness center, theatre room, ball courts, and a clubhouse with a full kitchen.
The master bedroom includes a large master bath, and the unit is described as pet friendly. This home is positioned for tenants or residents looking for an amenity-rich community with an in-home washer and dryer and a straightforward, one-level layout.
Key Highlights
- Two‑bedroom, two‑bath one‑level split floor plan apartment home
- Kitchen with granite countertops, chestnut cabinets, and black appliances
- Includes washer, dryer, and refrigerator
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.6k | $19.80 |
| − Vacancy | −$1.5k | −$1.15 |
| EGI | $24.1k | $18.65 |
| − OpEx | −$10.9k | −$8.39 |
| NOI | $13.3k | $10.26 |
1,293 SF · lease $19.80/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$189.5K
$165.8K – $221.1K
NOI $13,264 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$398.7K
$348.9K – $465.2K
NOI $27,912 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Explore this area
Business Placement
Demographics for 85374, AZ
41,182
Population
21,982
Households
1.9
Avg Household Size
61
Median Age
30%
College-Educated
95%
High-School Grad
12.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$78,690
Median Household Income
$45,427
Median Earnings
$1,897
Median Rent
$355,800
Median Home Value
Market
Properties on Market for Residential income properties in Maricopa County
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - One-level two-bedroom, two-bath apartment home in a community with heated pool, fitness center, and theatre room amenities.
Where is this residential income property located?
The property is located at 14575 W Mountain View Boulevard #12106 Surprise, AZ.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath one‑level split floor plan apartment home; Kitchen with granite countertops, chestnut cabinets, and black appliances; Includes washer, dryer, and refrigerator
