Residential Property with
For Sale
$314,900
7401 W ARROWHEAD CLUBHOUSE Drive 2046, Glendale, AZ 85308
A split-bedroom layout and private balcony complement the two-bedroom, two-bathroom residence.
Property Size1,217 SF
Price / SF$258.75
Days on Market35
Property Features for 7401 W ARROWHEAD CLUBHOUSE Drive 2046
General Information
Standard status
Active
Size
1,217 SF
Total Parking Spaces
1
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,213
Amenities
community pool
spa
balcony
Building Details
Building Size
1,217 SF
Year Built
2001
Listing Agency:
Keller Williams Arizona Living Realty
Listed By:
The Modern Desert Group · License #SA630303000
(719) 650-4959
Source:
Themoderndesertgroup
Added: Sep 29
Changed: Nov 1
Last Checked: Nov 1 at 1:41AM
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 Keller Williams Arizona Living Realty
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Investment Insights
Based on property information with market context.
This 1,217-square-foot residence, built in 2001, offers two bedrooms and two bathrooms in a split-bedroom arrangement, along with a one-car garage and balcony. Interior features include high ceilings, carpet with upgraded padding, and a kitchen with granite countertops, stainless steel appliances, pantry storage, and a breakfast bar. The primary bedroom has a walk-in closet and private bathroom. A new air-conditioning system is also noted, and furnishing is available.
The property is situated by the first hole of Arrowhead Country Club, with golf course surroundings. Community amenities include a pool and spa. Golf, tennis, fitness, and dining are available through the country club with separate membership. The residence is in Glendale, near Loop 101, P83 restaurants, AJ’s Fine Foods, hiking, and spring training baseball.
The property is situated by the first hole of Arrowhead Country Club, with golf course surroundings. Community amenities include a pool and spa. Golf, tennis, fitness, and dining are available through the country club with separate membership. The residence is in Glendale, near Loop 101, P83 restaurants, AJ’s Fine Foods, hiking, and spring training baseball.
Key Highlights
- Two bedrooms and two bathrooms across 1,217 square feet
- One‑car garage and private balcony
- Split‑bedroom layout; primary bedroom includes a walk‑in closet and private bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,392
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,840
$247.8K
Cap Rate 7%
$177,029
$177.0K
Cap Rate 9%
$137,689
$137.7K
Market Conditions
NOI Build-Up for 1,217 SF
Gross rent
$24.1K $19.80/SF
− Vacancy
−$1.6K −$1.29/SF
EGI
$22.5K $18.51/SF
− OpEx
−$10.1K −$8.33/SF
NOI
$12.4K $10.18/SF
Area
Glendale, AZ
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,840
Cap Rate 7%
$177,029
Cap Rate 9%
$137,689
Alternative Uses
Best Use
Apartment 5plus
$177.0K
$154.9K – $206.5K
NOI $12,392 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$382.3K
$334.5K – $446.0K
NOI $26,759 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
Demographics for 85308, AZ
66,540
Population
26,540
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
3,937
Density / Sq Mi
$95,512
Median Household Income
$50,026
Median Earnings
$1,777
Median Rent
$420,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A split-bedroom layout and private balcony complement the two-bedroom, two-bathroom residence.
Where is this residential income property located?
The property is located at 7401 W ARROWHEAD CLUBHOUSE Drive 2046 Glendale, AZ.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two bedrooms and two bathrooms across 1,217 square feet; One‑car garage and private balcony; Split‑bedroom layout; primary bedroom includes a walk‑in closet and private bath
