Second-Floor Condo Income
For Sale
$135,800
3270 S GOLDFIELD Road 716, Apache Junction, AZ 85119
Gated 55+ community with a heated pool, spa, clubhouse, fitness center, and pickleball facilities.
Days on Market121
Property Features for 3270 S GOLDFIELD Road 716
General Information
Standard status
Active
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
heated pool/spa
pickleball
clubhouse
fitness center
Building Details
Building Size
756 SF
Year Built
1984
Listing Agency:
AZ Key LLC
(602) 471-3058
Listed By:
Kathleen Taylor Banister · License #BR679929000
(602) 471-3058
Source:
Gillettegroupaz
Added: Apr 4
Changed: Jul 31
Last Checked: Aug 2 at 12:20PM
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 Key LLC
Investment Insights
Based on property information with market context.
This second-floor, one-bedroom, one-bath residential income property is located within Desert Sun Condominiums, a gated 55+ community. The condo features tile flooring, newer carpet in the bedroom, neutral paint, and stainless-steel appliances. A great room lined with windows includes a bay window along the north side, bringing natural light into the living area and framing expansive Superstition Mountain views. The property also received a new roof in May 2026.
Community amenities include a heated pool and spa, pickleball facilities, a clubhouse, a fitness center, and a full calendar of activities. The property offers access to shopping and the 60 fwy, with a setting in the East Valley near Apache Junction.
Community amenities include a heated pool and spa, pickleball facilities, a clubhouse, a fitness center, and a full calendar of activities. The property offers access to shopping and the 60 fwy, with a setting in the East Valley near Apache Junction.
Key Highlights
- Second‑floor condo with 1 bed and 1 bath
- New roof installed in May 2026
- Great room with bay window and expansive Superstition Mountain views
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.2k | $16.20 |
| − Vacancy | −$1.4k | −$1.90 |
| EGI | $10.8k | $14.30 |
| − OpEx | −$4.9k | −$6.44 |
| NOI | $5.9k | $7.87 |
756 SF · lease $16.20/SF/yr · vacancy 11.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$85.0K
$74.4K – $99.1K
NOI $5,948 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$209.0K
$182.9K – $243.8K
NOI $14,630 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 85119, AZ
22,069
Population
13,462
Households
1.6
Avg Household Size
56
Median Age
23%
College-Educated
92%
High-School Grad
45.8 sq mi
ZIP Area
482
Density / Sq Mi
$69,949
Median Household Income
$44,223
Median Earnings
$1,365
Median Rent
$259,100
Median Home Value
Market
Properties on Market for Residential income properties in Apache Junction
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Frequently Asked Questions
What type of property is this?
Residential income property - Gated 55+ community with a heated pool, spa, clubhouse, fitness center, and pickleball facilities.
Where is this residential income property located?
The property is located at 3270 S GOLDFIELD Road 716 Apache Junction, AZ.
What is the asking price?
The asking price for this property is $135,800.
What are key features of this property?
This property features: Second‑floor condo with 1 bed and 1 bath; New roof installed in May 2026; Great room with bay window and expansive Superstition Mountain views
