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.
Property Size756 SF
Days on Market214
Property Features for 3270 S GOLDFIELD Road 716
General Information
Standard status
Active
Size
756 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$691
Amenities
heated pool/spa
pickleball
clubhouse
fitness center
Building Details
Building Size
756 SF
Year Built
1984
Listing Agency:
AZ Key LLC
Listed By:
Kathleen Taylor Banister · License #BR679929000
(602) 471-3058
Source:
Lostdutchmanrealty
Added: Apr 4
Changed: Oct 31
Last Checked: Nov 1 at 12:35PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$5,948
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$118,960
$119.0K
Cap Rate 7%
$84,971
$85.0K
Cap Rate 9%
$66,089
$66.1K
Market Conditions
NOI Build-Up for 756 SF
Gross rent
$12.2K $16.20/SF
− Vacancy
−$1.4K −$1.90/SF
EGI
$10.8K $14.30/SF
− OpEx
−$4.9K −$6.44/SF
NOI
$5.9K $7.87/SF
Area
Pinal County, AZ
Vacancy
11.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$118,960
Cap Rate 7%
$84,971
Cap Rate 9%
$66,089
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.
How Realmo checks its estimates
Property Analytics
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
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
