2-Bedroom Residential Income
For Sale
$215,000
2700 S WHITE MOUNTAIN Road #302, Show Low, AZ 85901
A furnished end-unit layout includes a flexible den and access to shared clubhouse amenities.
Property Size1,020 SF
Days on Market150
Property Features for 2700 S WHITE MOUNTAIN Road #302
General Information
Standard status
Active
Size
1,020 SF
Property subtype
Apartment
Additional Details
Furnished
Yes
Multifamily Units
1
Amenities
wood-burning fireplace
portable AC units
central heat
mini washer/dryer combo in-unit
clubhouse
outdoor grilling areas
private deck
walk-in closet
Building Details
Building Size
1,020 SF
Year Built
1985
Stories
1
Listing Agency:
Re/Max Fine Properties
Listed By:
Tamie Aguilera · License #SA663378000
(480) 792-9500
Source:
Southquest.kw
Added: May 6
Changed: Oct 1
Last Checked: Oct 1 at 8:09AM
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 Re/Max Fine Properties
Investment Insights
Based on property information with market context.
This remodeled, fully furnished end unit offers two bedrooms, two bathrooms and a den that can serve as a studio or dining area. The split floor plan includes a wood-burning fireplace, central heat, portable AC units and an in-unit washer/dryer. A private deck and walk-in closet are part of the primary bedroom suite. Built in 1985, the condo looks out toward a grassy common area and surrounding pines.
Residents have access to a clubhouse with gathering areas, outdoor grilling space and full laundry facilities. The property is in Show Low, minutes from shopping, dining, golf, lakes, hiking and recreation in the White Mountains.
Residents have access to a clubhouse with gathering areas, outdoor grilling space and full laundry facilities. The property is in Show Low, minutes from shopping, dining, golf, lakes, hiking and recreation in the White Mountains.
Key Highlights
- Remodeled, fully furnished end‑unit condo
- Two bedrooms, two bathrooms and a flexible den or studio
- Primary bedroom suite has a private deck, walk‑in closet and en‑suite bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,184
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$143,680
$143.7K
Cap Rate 7%
$102,629
$102.6K
Cap Rate 9%
$79,822
$79.8K
Market Conditions
NOI Build-Up for 1,020 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$14.2K $13.92/SF
− Vacancy
−$1.1K −$1.11/SF
EGI
$13.1K $12.81/SF
− OpEx
−$5.9K −$5.76/SF
NOI
$7.2K $7.04/SF
Area
Navajo County, AZ
Vacancy
8.00%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$143,680
Cap Rate 7%
$102,629
Cap Rate 9%
$79,822
Alternative Uses
Best Use
Apartment 5plus
$102.6K
$89.8K – $119.7K
NOI $7,184 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$277.2K
$242.5K – $323.4K
NOI $19,403 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 85901, AZ
18,701
Population
12,437
Households
1.5
Avg Household Size
49
Median Age
26%
College-Educated
94%
High-School Grad
263.1 sq mi
ZIP Area
71
Density / Sq Mi
$60,313
Median Household Income
$37,466
Median Earnings
$1,009
Median Rent
$256,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A furnished end-unit layout includes a flexible den and access to shared clubhouse amenities.
Where is this residential income property located?
The property is located at 2700 S WHITE MOUNTAIN Road #302 Show Low, AZ.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Remodeled, fully furnished end‑unit condo; Two bedrooms, two bathrooms and a flexible den or studio; Primary bedroom suite has a private deck, walk‑in closet and en‑suite bath
