3-Bedroom Residential Income
New
For Sale
$460,000
15095 N THOMPSON PEAK Parkway 2085, Scottsdale, AZ 85260
The outdoor deck is accessible from both the living room and primary suite, with McDowell Mountain views.
Property Size1,375 SF
Days on Market7
Property Features for 15095 N THOMPSON PEAK Parkway 2085
General Information
Standard status
Active
Size
1,375 SF
Property subtype
Apartment
Units
Unit Mix
3BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,113
Amenities
abundant natural light
stunning McDowell Mountain views
spacious deck
crown molding
cozy fireplace
updated kitchen
granite countertops
stainless steel appliances
large pantry
dual closets
walk-in closet
heated pools
spas
BBQ areas
clubhouse
fitness center
sauna
steam room
putting green
fire pits
parking
Building Details
Building Size
1,375 SF
Year Built
1995
Listing Agency:
Keller Williams Realty Phoenix
Listed By:
Eric Brossart · License #SA662931000
(602) 741-6394
Source:
Jcluxuryresidential
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 26 at 3:04PM
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 Realty Phoenix
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Investment Insights
Based on property information with market context.
Built in 1995, this three-bedroom, two-bath condominium has a deck with access from the living room and primary suite. Interior features include crown molding, a fireplace, and an updated kitchen with granite countertops, stainless steel appliances, and a large pantry. The primary bedroom has two closets, and the third bedroom includes a walk-in closet. Views of the McDowell Mountains are visible from the property.
Community facilities include two heated pools and spas, barbecue areas, a clubhouse, fitness center, sauna, steam room, putting green, fire pits, and parking. The community is near Loop 101, Kierland shopping and dining, WestWorld, parks, and golf courses.
Community facilities include two heated pools and spas, barbecue areas, a clubhouse, fitness center, sauna, steam room, putting green, fire pits, and parking. The community is near Loop 101, Kierland shopping and dining, WestWorld, parks, and golf courses.
Key Highlights
- Three bedrooms and two bathrooms
- Deck reached from the living room and primary suite, with McDowell Mountain views
- Updated kitchen with granite countertops, stainless steel appliances, and a large pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,910
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,200
$318.2K
Cap Rate 7%
$227,286
$227.3K
Cap Rate 9%
$176,778
$176.8K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$30.2K $21.96/SF
− Vacancy
−$1.3K −$0.92/SF
EGI
$28.9K $21.04/SF
− OpEx
−$13.0K −$9.47/SF
NOI
$15.9K $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%
$318,200
Cap Rate 7%
$227,286
Cap Rate 9%
$176,778
Alternative Uses
Best Use
Apartment 5plus
$227.3K
$198.9K – $265.2K
NOI $15,910 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$451.4K
$395.0K – $526.6K
NOI $31,596 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,019
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 outdoor deck is accessible from both the living room and primary suite, with McDowell Mountain views.
Where is this residential income property located?
The property is located at 15095 N THOMPSON PEAK Parkway 2085 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms; Deck reached from the living room and primary suite, with McDowell Mountain views; Updated kitchen with granite countertops, stainless steel appliances, and a large pantry
