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Refined Living in 55+ Community

7143 E CANYON WREN Drive Gold Canyon, AZ 85118

7143 E CANYON WREN Drive, Gold Canyon, AZ, 85118
$365,000
For Sale
Claim this Listing
$365,000

Light-filled home with modern amenities in Mountainbrook Village 55+ community.

Property Size1,574 SF
Price / SF$231.89
AddedDec 13, 2024
Days on Market579
Last RefreshMay 19 at 10:30 pm

Property Features for 7143 E CANYON WREN Drive

General Information

Standard status
Active
Size
1,574 SF
Property subtype
Multi-Family

Building Details

Year Built
1999

Listing office Realty ONE Group

Listing date Dec 13, 2024

Source Kw

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 Realty ONE Group


Investment Insights

Based on property information with market context.

This Bayberry Model home, located in the Mountainbrook Village 55+ community, offers refined living. The interior is light-filled and was freshly painted in May 2025. The gourmet kitchen includes pull-out shelves, a portable island, and a refrigerator installed in December 2019. The primary suite features a custom walk-in shower. A versatile second bedroom includes custom office space. The home provides abundant storage and a private, fenced backyard with a covered patio. A washer and dryer were installed in October 2020, and the roof was replaced in December 2020. The A/C heat pump and blower were installed in May 2019, and the water heater was replaced in 2024. Ceiling fans were installed in the living room, dining room, and second bedroom in May 2025. Residents have access to amenities such as a clubhouse, golf course, heated pools and spas, a health center, and pickleball courts.

Key Highlights

  • Located in the prestigious Mountainbrook Village 55+ community with world‑class amenities (clubhouse, golf course, pools, health center, pickleball).
  • Gourmet kitchen with pull‑out shelves, portable island, and refrigerator.
  • Luxurious primary suite with custom walk‑in shower.

Local 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 $25.5k $16.20
− Vacancy −$3.0k −$1.90
EGI $22.5k $14.30
− OpEx −$10.1k −$6.44
NOI $12.4k $7.87
1,574 SF · lease $16.20/SF/yr · vacancy 11.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$176.9K
$154.8K – $206.4K (±1% cap)
NOI $12,383 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.1K
$380.8K – $507.7K (±1% cap)
NOI $30,460 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Law Firm Auto Repair Shop Electrical Service Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Light-filled home with modern amenities in Mountainbrook Village 55+ community.
Where is this multifamily property located?
The property is located at 7143 E CANYON WREN Drive Gold Canyon, AZ.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Located in the prestigious Mountainbrook Village 55+ community with world‑class amenities (clubhouse, golf course, pools, health center, pickleball).; Gourmet kitchen with pull‑out shelves, portable island, and refrigerator.; Luxurious primary suite with custom walk‑in shower.
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