Residential Income Property with RV
17200 W BELL Road #554, Surprise, AZ 85374
For Sale
$269,900
Single-level home in a 55+ resort community with a separate flexible room and covered RV parking.
Property Size750 SF
Price / SF$359.87
Days on Market55
Property Features for 17200 W BELL Road #554
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Buildings
Stories
Construction
Listing Agency:
Bliss Realty & Investments
(480) 235-3617
Listed By:
Judith Koller · License AZ SA688876000
(720) 810-7604
Source:
Kathrynthomas
Added: Sep 17
Changed: Nov 10
Last Checked: Nov 10 at 1:34AM
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 Bliss Realty & Investments
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Investment Insights
Based on property information with market context.
This 750-square-foot, stick-built home in Happy Trails Resort has one bedroom and two bathrooms. Its single-level plan includes a flexible hobby room, office, or guest suite with a barn-door entry, private 3/4 bath, laundry, and refrigerator. Interior features include granite countertops, Cortec flooring, water filtration, and four mini-splits. Covered parking accommodates an RV.
The property is located in a 55+ community. HOA coverage includes water, sewer, trash, resort amenities, and activities.
The property is located in a 55+ community. HOA coverage includes water, sewer, trash, resort amenities, and activities.
Key Highlights
- 750‑square‑foot home with 1 bedroom and 2 bathrooms
- Covered RV parking
- Flexible room with barn‑door entry, private 3/4 bath, laundry, and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,694
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,880
$153.9K
Cap Rate 7%
$109,914
$109.9K
Cap Rate 9%
$85,489
$85.5K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$14.9K $19.80/SF
− Vacancy
−$861 −$1.15/SF
EGI
$14.0K $18.65/SF
− OpEx
−$6.3K −$8.39/SF
NOI
$7.7K $10.26/SF
Area
Surprise, AZ
Vacancy
5.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,880
Cap Rate 7%
$109,914
Cap Rate 9%
$85,489
Alternative Uses
Best Use
Apartment 5plus
$109.9K
$96.2K – $128.2K
NOI $7,694 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$231.3K
$202.4K – $269.8K
NOI $16,190 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
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Business Placement
Demographics for 85374, AZ
41,182
Population
21,982
Households
1.9
Avg Household Size
61
Median Age
30%
College-Educated
95%
High-School Grad
12.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$78,690
Median Household Income
$45,427
Median Earnings
$1,897
Median Rent
$355,800
Median Home Value
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Market
Properties on Market for Residential income properties in Maricopa County
Frequently Asked Questions
What type of property is this?
Residential income property - Single-level home in a 55+ resort community with a separate flexible room and covered RV parking.
Where is this residential income property located?
The property is located at 17200 W BELL Road #554 Surprise, AZ.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 750‑square‑foot home with 1 bedroom and 2 bathrooms; Covered RV parking; Flexible room with barn‑door entry, private 3/4 bath, laundry, and refrigerator
