Two-Bedroom Residential Income
For Sale
$239,900
14575 W MOUNTAIN VIEW Boulevard 12106, Surprise, AZ 85374
A single-level residence includes a split-bedroom layout, in-unit laundry, and access to shared recreation and fitness amenities.
Property Size1,293 SF
Price / SF$185.54
Days on Market131
Property Features for 14575 W MOUNTAIN VIEW Boulevard 12106
General Information
Standard status
Active
Size
1,293 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,082
Amenities
heated pool/spa
BBQ
courtyards
fitness center
theatre room
walking trails
ball courts
clubhouse
Building Details
Building Size
1,293 SF
Year Built
2006
Listing Agency:
Keller Williams Arizona Living Realty
Listed By:
The Modern Desert Group · License #SA630303000
(719) 650-4959
Source:
Themoderndesertgroup
Added: Jun 25
Changed: Nov 2
Last Checked: Nov 1 at 3:39PM
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 Keller Williams Arizona Living Realty
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Investment Insights
Based on property information with market context.
Built in 2006, this 1,293-square-foot residence has two bedrooms and two bathrooms on one level. Its split-bedroom plan includes a kitchen with granite countertops, chestnut cabinets, black appliances, and storage. A washer, dryer, and refrigerator are included.
Community amenities include a heated pool and spa, fitness center, theater room, walking trails, ball courts, courtyards, and a clubhouse with a full kitchen. The property is pet-friendly.
Community amenities include a heated pool and spa, fitness center, theater room, walking trails, ball courts, courtyards, and a clubhouse with a full kitchen. The property is pet-friendly.
Key Highlights
- 1,293 square feet with two bedrooms and two bathrooms
- Single‑level residence with a split‑bedroom layout
- Kitchen features granite countertops, chestnut cabinets, and black appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,264
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,280
$265.3K
Cap Rate 7%
$189,486
$189.5K
Cap Rate 9%
$147,378
$147.4K
Market Conditions
NOI Build-Up for 1,293 SF
Gross rent
$25.6K $19.80/SF
− Vacancy
−$1.5K −$1.15/SF
EGI
$24.1K $18.65/SF
− OpEx
−$10.9K −$8.39/SF
NOI
$13.3K $10.26/SF
Area
Surprise, AZ
Vacancy
5.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,280
Cap Rate 7%
$189,486
Cap Rate 9%
$147,378
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.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A single-level residence includes a split-bedroom layout, in-unit laundry, and access to shared recreation and fitness 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: 1,293 square feet with two bedrooms and two bathrooms; Single‑level residence with a split‑bedroom layout; Kitchen features granite countertops, chestnut cabinets, and black appliances
