Ground-Level Residential Income
For Sale
$330,000
15095 N THOMPSON PEAK Parkway 1103, Scottsdale, AZ 85260
A one-bedroom layout pairs a private patio with in-unit laundry and access to community recreation amenities.
Property Size807 SF
Price / SF$408.92
Days on Market22
Property Features for 15095 N THOMPSON PEAK Parkway 1103
General Information
Standard status
Active
Size
807 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$784
Amenities
in-unit washer and dryer
pool
fitness center
sauna
steam room
clubhouse
Building Details
Building Size
807 SF
Year Built
1995
Listing Agency:
eXp Realty
Listed By:
Chris Usher · License #SA650282000
(480) 861-6624
Source:
1912realty
Added: Oct 12
Changed: Oct 31
Last Checked: Nov 1 at 4:31PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 807-square-foot, ground-level residence in Signature Scottsdale has one bedroom and a north-facing orientation. The interior has been remodeled with luxury vinyl plank flooring, updated cabinetry, sinks, fixtures and appliances, plus a kitchen, double-vanity bathroom, and in-unit washer and dryer. A large patio and separate storage closet extend the unit’s usable space. The property was built in 1995.
Community facilities include two pools, a fitness center, sauna, steam room and clubhouse. The residence is described as a short walk from the pool.
Community facilities include two pools, a fitness center, sauna, steam room and clubhouse. The residence is described as a short walk from the pool.
Key Highlights
- 807 SF one‑bedroom unit in Signature Scottsdale
- Ground‑level, north‑facing residence with a large patio
- Remodeled interior with updated appliances, cabinets, sinks and fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,338
Cap Rate
2.83%
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 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$264.9K
$231.8K – $309.1K
NOI $18,544 @ 7.0% cap · market cap 5.62%
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
1,019
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 one-bedroom layout pairs a private patio with in-unit laundry and access to community recreation amenities.
Where is this residential income property located?
The property is located at 15095 N THOMPSON PEAK Parkway 1103 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 807 SF one‑bedroom unit in Signature Scottsdale; Ground‑level, north‑facing residence with a large patio; Remodeled interior with updated appliances, cabinets, sinks and fixtures
