Two-Bedroom
For Sale
$142,000
16602 N 25TH Street #107, Phoenix, AZ 85032
The open living, dining, and kitchen arrangement connects the main gathering spaces.
Property Size825 SF
Price / SF$172.12
Days on Market37
Property Features for 16602 N 25TH Street #107
General Information
Standard status
Active
Size
825 SF
Property subtype
Apartment
Site & Location
Neighborhood
Paradise Valley
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
pool
playground
laundry facilities
covered patio
separate storage unit
Building Details
Year Built
1986
Listing Agency:
Opulent Real Estate Group
(480) 588-8356
Listed By:
Ryan Christensen · License #SA556281000
(602) 584-5130
Source:
Mezateam
Added: Sep 24
Changed: Oct 29
Last Checked: Oct 29 at 2:39PM
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 Opulent Real Estate Group
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Investment Insights
Based on property information with market context.
This 825-square-foot condominium at Autumn Park Condominiums has two bedrooms and two bathrooms, with an open arrangement linking the living, dining, and kitchen areas. The unit has been remodeled and includes new appliances and a new AC unit. Its primary bedroom has a private bathroom and walk-in closet; a covered patio and separate storage unit provide additional space. Carpet and tile flooring are present throughout.
The residence is within a gated community with a pool, playground, and laundry facilities. Shopping and dining options, along with Grovers Basin Park & Dog Park, are nearby. The property is at 16602 N 25TH Street #107 in Phoenix and was built in 1986.
The residence is within a gated community with a pool, playground, and laundry facilities. Shopping and dining options, along with Grovers Basin Park & Dog Park, are nearby. The property is at 16602 N 25TH Street #107 in Phoenix and was built in 1986.
Key Highlights
- 825‑square‑foot condominium with 2 bedrooms and 2 bathrooms
- Remodeled unit with new appliances and a new AC unit
- Open connection between living, dining, and kitchen areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,373
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,460
$167.5K
Cap Rate 7%
$119,614
$119.6K
Cap Rate 9%
$93,033
$93.0K
Market Conditions
NOI Build-Up for 825 SF
Gross rent
$16.3K $19.80/SF
− Vacancy
−$1.1K −$1.35/SF
EGI
$15.2K $18.45/SF
− OpEx
−$6.9K −$8.30/SF
NOI
$8.4K $10.15/SF
Area
ZIP 85032
Vacancy
6.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,460
Cap Rate 7%
$119,614
Cap Rate 9%
$93,033
Alternative Uses
Best Use
Apartment 5plus
$119.6K
$104.7K – $139.6K
NOI $8,373 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.4K
$218.2K – $290.9K
NOI $17,456 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
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Business Placement
Demographics for 85032, AZ
68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The open living, dining, and kitchen arrangement connects the main gathering spaces.
Where is this residential income property located?
The property is located at 16602 N 25TH Street #107 Phoenix, AZ.
What is the asking price?
The asking price for this property is $142,000.
What are key features of this property?
This property features: 825‑square‑foot condominium with 2 bedrooms and 2 bathrooms; Remodeled unit with new appliances and a new AC unit; Open connection between living, dining, and kitchen areas
