Furnished Two-Bedroom
7751 E GLENROSA Avenue #A6, Scottsdale, AZ 85251
For Sale
$294,900
An extended private patio faces the community pool, while in-unit laundry and a tankless water heater add practical convenience.
Property Size957 SF
Price / SF$308.15
Days on Market34
Property Features for 7751 E GLENROSA Avenue #A6
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Amenities
pool
in-unit washer and dryer
private patio
Building Details
Year Built
Listing Agency:
Arizona Best Real Estate
(480) 948-4711
Listed By:
Lisa Shevy · License AZ SA710038000
(480) 309-4259
Source:
Mezateam
Added: Oct 7
Changed: Nov 9
Last Checked: Nov 8 at 7:32PM
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 Arizona Best Real Estate
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Investment Insights
Based on property information with market context.
This furnished condominium offers two bedrooms and 957 square feet of interior space. Its features include an in-unit washer and dryer, a tankless water heater, and newer air conditioning covered by a warranty. Bedroom closets and a separate large storage closet provide additional storage, while an extended private patio looks toward the community pool. The building dates to 1963.
The property is in Scottsdale, with Old Town Scottsdale and its restaurants, shops, entertainment, galleries, and golf nearby. A Whole Foods Market is also among the area destinations, along with spring training venues.
The property is in Scottsdale, with Old Town Scottsdale and its restaurants, shops, entertainment, galleries, and golf nearby. A Whole Foods Market is also among the area destinations, along with spring training venues.
Key Highlights
- Furnished two‑bedroom condominium with 957 square feet
- Extended private patio with views of the community pool
- In‑unit washer and dryer; tankless water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,073
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,460
$221.5K
Cap Rate 7%
$158,186
$158.2K
Cap Rate 9%
$123,033
$123.0K
Market Conditions
NOI Build-Up for 957 SF
Gross rent
$21.0K $21.96/SF
− Vacancy
−$883 −$0.92/SF
EGI
$20.1K $21.04/SF
− OpEx
−$9.1K −$9.47/SF
NOI
$11.1K $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%
$221,460
Cap Rate 7%
$158,186
Cap Rate 9%
$123,033
Alternative Uses
Best Use
Apartment 5plus
$158.2K
$138.4K – $184.6K
NOI $11,073 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$314.2K
$274.9K – $366.5K
NOI $21,991 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,043
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Residential income properties in Scottsdale
Frequently Asked Questions
What type of property is this?
Residential income property - An extended private patio faces the community pool, while in-unit laundry and a tankless water heater add practical convenience.
Where is this residential income property located?
The property is located at 7751 E GLENROSA Avenue #A6 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: Furnished two‑bedroom condominium with 957 square feet; Extended private patio with views of the community pool; In‑unit washer and dryer; tankless water heater
