Residential Condo with Covered
For Sale
$295,000
15095 N THOMPSON PEAK Parkway 2115, Scottsdale, AZ 85260
A private outdoor area complements this condominium’s compact residential layout.
Property Size810 SF
Price / SF$364.20
Days on Market32
Property Features for 15095 N THOMPSON PEAK Parkway 2115
General Information
Standard status
Active
Size
810 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$680
Amenities
private covered patio
community pool
barbecue area
Building Details
Building Size
810 SF
Year Built
1995
Listing Agency:
Keller Williams Realty Sonoran Living
Listed By:
BVO Luxury Group · License #01428775
(833) 286-7653
Source:
Bvoluxury
Added: Sep 27
Changed: Oct 26
Last Checked: Oct 26 at 3:41PM
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 Sonoran Living
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Investment Insights
Based on property information with market context.
This residential condominium offers 810 square feet of interior space and a private covered patio. The property was built in 1995.
Residents can walk to the community pool and barbecue area, shared amenities for relaxation and outdoor dining.
Residents can walk to the community pool and barbecue area, shared amenities for relaxation and outdoor dining.
Key Highlights
- 810‑square‑foot residential condominium
- Private covered patio
- Community pool and barbecue area within walking distance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,372
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,440
$187.4K
Cap Rate 7%
$133,886
$133.9K
Cap Rate 9%
$104,133
$104.1K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$17.8K $21.96/SF
− Vacancy
−$747 −$0.92/SF
EGI
$17.0K $21.04/SF
− OpEx
−$7.7K −$9.47/SF
NOI
$9.4K $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%
$187,440
Cap Rate 7%
$133,886
Cap Rate 9%
$104,133
Alternative Uses
Best Use
Apartment 5plus
$133.9K
$117.2K – $156.2K
NOI $9,372 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$265.9K
$232.7K – $310.2K
NOI $18,613 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,019
Businesses Nearby
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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 - A private outdoor area complements this condominium’s compact residential layout.
Where is this residential income property located?
The property is located at 15095 N THOMPSON PEAK Parkway 2115 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 810‑square‑foot residential condominium; Private covered patio; Community pool and barbecue area within walking distance
