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Two-Bedroom Rental Condominium
For Sale
$360,000

7625 E CAMELBACK Road A125, Scottsdale, AZ 85251

Short-term stays are allowed, including bookings through Airbnb and VRBO.

Property Size1,066 SF
Days on Market10

Property Features for 7625 E CAMELBACK Road A125

General Information

Standard status Active
Size 1,066 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $573

Amenities

clubhouse
fitness center
heated pool
spa

Building Details

Building Size 1,066 SF
Year Built 1971
Listing Agency: Tierra Antigua Realty, LLC
Listed By: Jose Campillo
Source: Alexiabertsatos
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 15 at 6:39AM

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 Tierra Antigua Realty, LLC

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Investment Insights

Based on property information with market context.

This 1971 condominium has two bedrooms and two bathrooms, arranged around an open great-room plan with bedrooms separated for added privacy. Each bedroom has an ensuite bath and French doors; one includes a walk-in closet, while the other has two closets. Multi-sliding doors open to a private covered patio.

Covered assigned parking and guest parking serve the unit. HOA coverage includes electricity, heating and air conditioning, water, sewer, trash removal, and basic cable. Residents also have access to a clubhouse, fitness center, heated pool, and spa.

The property is near Fashion Square Mall, with access to Old Town Scottsdale. Short-term rentals, including Airbnb and VRBO stays, are permitted.

Key Highlights

  • Short‑term rentals are allowed, including Airbnb and VRBO
  • Two bedrooms and two bathrooms, with an ensuite bath for each bedroom
  • Open great‑room arrangement with separated bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,334
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,680 $246.7K
Cap Rate 7%
$176,200 $176.2K
Cap Rate 9%
$137,044 $137.0K
Market Conditions
NOI Build-Up for 1,066 SF
Gross rent
$23.4K $21.96/SF
− Vacancy
−$983 −$0.92/SF
EGI
$22.4K $21.04/SF
− OpEx
−$10.1K −$9.47/SF
NOI
$12.3K $11.57/SF
Area
Scottsdale, AZ
Vacancy
4.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,680
Cap Rate 7%
$176,200
Cap Rate 9%
$137,044

Alternative Uses

Best Use
Apartment 5plus
$176.2K
$154.2K – $205.6K (±1% cap)
NOI $12,334 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$349.9K
$306.2K – $408.3K (±1% cap)
NOI $24,496 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Arizona condo Condominium Complex Black Rose, LLC Corporate Office Maya Condominium Association Condominium Complex Robert M. Wilbanks ... Genealogist Black's Library Marketing & Advertising

Suggested Use

Top Pick Daycare Center Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,231
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Short-term stays are allowed, including bookings through Airbnb and VRBO.
Where is this residential income property located?
The property is located at 7625 E CAMELBACK Road A125 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Short‑term rentals are allowed, including Airbnb and VRBO; Two bedrooms and two bathrooms, with an ensuite bath for each bedroom; Open great‑room arrangement with separated bedrooms
More about this property
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