Short-Term Rental
For Sale
$298,000
15095 N THOMPSON PEAK Parkway 3112, Scottsdale, AZ 85260
This one-bedroom residence allows short-term rentals and includes recently replaced appliances.
Property Size807 SF
Price / SF$369.27
Days on Market139
Property Features for 15095 N THOMPSON PEAK Parkway 3112
General Information
Standard status
Active
Size
807 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$757
Building Details
Building Size
807 SF
Year Built
1995
Listing Agency:
Keller Williams Realty Sonoran Living
Listed By:
BVO Luxury Group · License #01428775
(833) 286-7653
Source:
Bvoluxury
Added: Jun 12
Changed: Oct 26
Last Checked: Oct 26 at 3:44PM
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.
Located in Scottsdale, this one-bedroom, one-bathroom condominium offers 807 square feet of living space. Built in 1995, it has new carpet, window shades, a slider shade, refrigerator, dishwasher, microwave, and washing machine. Short-term rentals are permitted.
The HOA covers the roof, water, sewer, garbage, cable, and internet. The property is near freeways, shopping, and dining.
The HOA covers the roof, water, sewer, garbage, cable, and internet. The property is near freeways, shopping, and dining.
Key Highlights
- Short‑term rentals are permitted
- One bedroom and one bathroom in 807 square feet
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,338
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,760
$186.8K
Cap Rate 7%
$133,400
$133.4K
Cap Rate 9%
$103,756
$103.8K
Market Conditions
NOI Build-Up for 807 SF
Gross rent
$17.7K $21.96/SF
− Vacancy
−$744 −$0.92/SF
EGI
$17.0K $21.04/SF
− OpEx
−$7.6K −$9.47/SF
NOI
$9.3K $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%
$186,760
Cap Rate 7%
$133,400
Cap Rate 9%
$103,756
Alternative Uses
Best Use
Apartment 5plus
$133.4K
$116.7K – $155.6K
NOI $9,338 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$264.9K
$231.8K – $309.1K
NOI $18,544 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Short term rental property - This one-bedroom residence allows short-term rentals and includes recently replaced appliances.
Where is this short term rental property located?
The property is located at 15095 N THOMPSON PEAK Parkway 3112 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Short‑term rentals are permitted; One bedroom and one bathroom in 807 square feet; Built in 1995
