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2-Bedroom Residential Income Property
For Sale
$432,900

15095 N THOMPSON PEAK Parkway 2090, Scottsdale, AZ 85260

A split-bedroom layout pairs a private balcony with views of McDowell Mountain.

Property Size1,147 SF
Price / SF$377.42
Days on Market143

Property Features for 15095 N THOMPSON PEAK Parkway 2090

General Information

Standard status Active
Size 1,147 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $922

Amenities

private balcony
dedicated laundry room
large storage closet
two pools
heated spa
fitness center

Building Details

Building Size 1,147 SF
Year Built 1995
Listing Agency: Bespoke Real Estate, LLC
Listed By: Brittainy Williamson · License #SA685904000
Source: 1912realty
Added: Jun 10 Changed: Oct 26 Last Checked: Oct 26 at 3:32PM

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 Bespoke Real Estate, LLC

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Investment Insights

Based on property information with market context.

This 1,147-square-foot residence at Signature Scottsdale has two bedrooms and two bathrooms arranged in a split floor plan. The kitchen features granite countertops, stainless steel appliances and a pantry; a separate laundry room adds dedicated utility space. A private balcony connects to both the living room and primary bedroom and includes a large storage closet.

Community amenities include two pools, a heated spa and a fitness center. The property is in the SUSD School District and near shopping, dining and entertainment.

Key Highlights

  • Two bedrooms and two bathrooms in 1,147 square feet
  • Split floor plan separates the bedroom areas
  • Private balcony with McDowell Mountain views, accessible from the living room and primary bedroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,272
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,440 $265.4K
Cap Rate 7%
$189,600 $189.6K
Cap Rate 9%
$147,467 $147.5K
Market Conditions
NOI Build-Up for 1,147 SF
Gross rent
$25.2K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$24.1K $21.04/SF
− OpEx
−$10.9K −$9.47/SF
NOI
$13.3K $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%
$265,440
Cap Rate 7%
$189,600
Cap Rate 9%
$147,467

Alternative Uses

Best Use
Apartment 5plus
$189.6K
$165.9K – $221.2K (±1% cap)
NOI $13,272 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$376.5K
$329.5K – $439.3K (±1% cap)
NOI $26,357 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,019
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - A split-bedroom layout pairs a private balcony with views of McDowell Mountain.
Where is this residential income property located?
The property is located at 15095 N THOMPSON PEAK Parkway 2090 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $432,900.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 1,147 square feet; Split floor plan separates the bedroom areas; Private balcony with McDowell Mountain views, accessible from the living room and primary bedroom
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