Residential Income Property with
For Sale
$184,900
19221 N STAR RIDGE Drive, Sun City West, AZ 85375
A one-bedroom, one-bath home includes indoor laundry and a private outdoor area.
Property Size995 SF
Price / SF$185.83
Days on Market39
Property Features for 19221 N STAR RIDGE Drive
General Information
Standard status
Active
Size
995 SF
Total Parking Spaces
1
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
indoor laundry
private backyard
covered patio
Building Details
Year Built
1978
Listing Agency:
HomeSmart
(602) 230-7600
Listed By:
Amy Lefebvre · License #SA540888000
(623) 695-4900
Source:
Kathrynthomas
Added: Sep 25
Changed: Nov 1
Last Checked: Nov 1 at 1:23AM
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 HomeSmart
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 995-square-foot, one-bedroom, one-bath home was built in 1978. Its layout includes a living area, indoor laundry, a private backyard, a covered patio, and a one-car garage. A Trane heating and cooling system was installed in 2023.
The property is in Sun City West, near shopping, dining, recreation, and everyday services. Community amenities include recreation centers, golf courses, swimming, fitness facilities, pickleball, tennis, bowling, clubs, and entertainment.
The property is in Sun City West, near shopping, dining, recreation, and everyday services. Community amenities include recreation centers, golf courses, swimming, fitness facilities, pickleball, tennis, bowling, clubs, and entertainment.
Key Highlights
- 995‑square‑foot home with one bedroom and one bathroom
- One‑car garage, indoor laundry, private backyard, and covered patio
- Trane HVAC system installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,230
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,600
$224.6K
Cap Rate 7%
$160,429
$160.4K
Cap Rate 9%
$124,778
$124.8K
Market Conditions
NOI Build-Up for 995 SF
Gross rent
$21.5K $21.60/SF
− Vacancy
−$1.1K −$1.08/SF
EGI
$20.4K $20.52/SF
− OpEx
−$9.2K −$9.23/SF
NOI
$11.2K $11.29/SF
Area
Maricopa County, AZ
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,600
Cap Rate 7%
$160,429
Cap Rate 9%
$124,778
Alternative Uses
Best Use
Apartment 5plus
$160.4K
$140.4K – $187.2K
NOI $11,230 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.8K
$269.3K – $359.1K
NOI $21,545 @ 7.0% cap · market cap 11.65%
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
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
Demographics for 85375, AZ
27,944
Population
19,340
Households
1.4
Avg Household Size
75
Median Age
35%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
2,254
Density / Sq Mi
$63,977
Median Household Income
$30,838
Median Earnings
$1,658
Median Rent
$350,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom, one-bath home includes indoor laundry and a private outdoor area.
Where is this residential income property located?
The property is located at 19221 N STAR RIDGE Drive Sun City West, AZ.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 995‑square‑foot home with one bedroom and one bathroom; One‑car garage, indoor laundry, private backyard, and covered patio; Trane HVAC system installed in 2023
