Two-Bedroom Residential
New
For Sale
$315,000
16013 S Desert Foothills Parkway #2153, Phoenix, AZ 85048
The unit includes granite counters, stainless steel appliances, and an in-unit washer and dryer.
Property Size1,048 SF
Price / SF$300.57
Days on Market2
Property Features for 16013 S Desert Foothills Parkway #2153
General Information
Standard status
Active
Size
1,048 SF
Property subtype
Apartment
Site & Location
Neighborhood
Ahwatukee Foothills
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,277
Amenities
two sparkling pools
a relaxing whirlpool spa
scenic lake
tennis courts
fitness center
clubhouse
media room
multiple BBQ gathering areas
Full Bth Master Bdrm
Breakfast Bar
Granite Counters
High Speed Internet
No Interior Steps
Balcony
Storage
Building Details
Building Size
1,048 SF
Year Built
1997
Stories
2
Listing Agency:
AZ Home Seekers
Listed By:
Jeff & Debbie
(480) 200-5305
Source:
Azhomeseekers
Added: Nov 2
Last Checked: Nov 2 at 1:57PM
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 AZ Home Seekers
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Investment Insights
Based on property information with market context.
This 1,048-square-foot condo has two bedrooms and was built in 1997. Interior features include laminate flooring, custom paint, granite countertops, stainless steel appliances, and a washer and dryer inside the unit.
Residents have access to two pools, a whirlpool spa, a lake, tennis courts, a fitness center, clubhouse, media room, and BBQ areas. The property is in Ahwatukee Foothills and has views of South Mountain.
Residents have access to two pools, a whirlpool spa, a lake, tennis courts, a fitness center, clubhouse, media room, and BBQ areas. The property is in Ahwatukee Foothills and has views of South Mountain.
Key Highlights
- Two‑bedroom condo with 1,048 square feet
- Built in 1997
- Granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,223
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,460
$244.5K
Cap Rate 7%
$174,614
$174.6K
Cap Rate 9%
$135,811
$135.8K
Market Conditions
NOI Build-Up for 1,048 SF
Gross rent
$23.6K $22.56/SF
− Vacancy
−$1.4K −$1.35/SF
EGI
$22.2K $21.21/SF
− OpEx
−$10.0K −$9.54/SF
NOI
$12.2K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,460
Cap Rate 7%
$174,614
Cap Rate 9%
$135,811
Alternative Uses
Best Use
Apartment 5plus
$174.6K
$152.8K – $203.7K
NOI $12,223 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$317.4K
$277.8K – $370.4K
NOI $22,221 @ 7.0% cap · market cap 7.05%
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
458
Businesses Nearby
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Business Placement
Demographics for 85048, AZ
34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The unit includes granite counters, stainless steel appliances, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 16013 S Desert Foothills Parkway #2153 Phoenix, AZ.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑bedroom condo with 1,048 square feet; Built in 1997; Granite countertops and stainless steel appliances
