One-Bedroom Condo with Pool
For Sale
$299,000
15095 N THOMPSON PEAK Parkway 2023, Scottsdale, AZ 85260
The residence includes a shaded balcony, shared fitness center, clubhouse, and pool access.
Property Size807 SF
Price / SF$370.51
Days on Market208
Property Features for 15095 N THOMPSON PEAK Parkway 2023
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
$784
Amenities
pool
spa
fitness center
clubhouse
media/business center
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: Apr 4
Changed: Oct 26
Last Checked: Oct 26 at 2:21PM
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 807-square-foot, one-bedroom, one-bath condo was built in 1995 and has granite countertops, updated carpeting, and fresh interior paint. The open living area and bedroom both connect to a north-facing balcony overlooking the pool, spa, and greenbelt. Appliances, including the washer and dryer, are included. Community facilities include a fitness center, clubhouse, and media and business center; water, sewer, garbage collection, and pest control are covered by the HOA fee.
The property is in Scottsdale, within walking distance of dining, grocery stores, and shopping. Loop 101, WestWorld, TPC Golf, Kierland Commons, Scottsdale Quarter, Scottsdale Airport, and hiking trails are a short drive away.
The property is in Scottsdale, within walking distance of dining, grocery stores, and shopping. Loop 101, WestWorld, TPC Golf, Kierland Commons, Scottsdale Quarter, Scottsdale Airport, and hiking trails are a short drive away.
Key Highlights
- 807 SF, with one bedroom and one bathroom
- North‑facing balcony accessible from both the living area and bedroom
- Views of the community pool, spa, and greenbelt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,338
Cap Rate
3.12%
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 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$264.9K
$231.8K – $309.1K
NOI $18,544 @ 7.0% cap · market cap 6.20%
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
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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 residence includes a shaded balcony, shared fitness center, clubhouse, and pool access.
Where is this residential income property located?
The property is located at 15095 N THOMPSON PEAK Parkway 2023 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 807 SF, with one bedroom and one bathroom; North‑facing balcony accessible from both the living area and bedroom; Views of the community pool, spa, and greenbelt
