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One-Bedroom Apartment Unit
For Sale
$91,900

8210 E GARFIELD Street K215, Scottsdale, AZ 85257

Community amenities include pools, a gym and a library.

Property Size720 SF
Price / SF$127.64
Days on Market87

Property Features for 8210 E GARFIELD Street K215

General Information

Standard status Active
Size 720 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

Highway Access Yes

Amenities

gym
library
pool
laundry facility

Building Details

Building Size 720 SF
Year Built 1965
Listing Agency: Keller Williams Realty Sonoran Living
Listed By: BVO Luxury Group · License #01428775
Source: Bvoluxury
Added: Aug 3 Changed: Oct 26 Last Checked: Oct 26 at 11:22AM

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 Realty Sonoran Living

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Investment Insights

Based on property information with market context.

This 720-square-foot, one-bedroom apartment was built in 1965 and has fresh paint, new carpet, and cabinet and storage space. The unit overlooks a pool and is near covered parking, the laundry facility and the mailbox.

Community amenities include four pools, a gym and a library. The monthly co-op fee covers grounds maintenance, the AC unit, hot water heater, water, sewer, trash, a blanket insurance policy and property tax.

The property is in Scottsdale near the 202 and 101, Old Town Scottsdale, Tempe Marketplace, ASU and Sky Harbor Airport.

Key Highlights

  • 720‑square‑foot, one‑bedroom apartment
  • Fresh paint and carpet, plus cabinet and storage space
  • Pool view; near covered parking, laundry facility and mailbox

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,331
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,620 $166.6K
Cap Rate 7%
$119,014 $119.0K
Cap Rate 9%
$92,567 $92.6K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$15.8K $21.96/SF
− Vacancy
−$664 −$0.92/SF
EGI
$15.1K $21.04/SF
− OpEx
−$6.8K −$9.47/SF
NOI
$8.3K $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%
$166,620
Cap Rate 7%
$119,014
Cap Rate 9%
$92,567

Alternative Uses

Best Use
Apartment 5plus
$119.0K
$104.1K – $138.9K (±1% cap)
NOI $8,331 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$236.4K
$206.8K – $275.8K (±1% cap)
NOI $16,545 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

Demographics for 85257, AZ

29,187
Population
16,392
Households
1.8
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
6.9 sq mi
ZIP Area
4,230
Density / Sq Mi
$79,828
Median Household Income
$54,580
Median Earnings
$1,812
Median Rent
$453,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Community amenities include pools, a gym and a library.
Where is this residential income property located?
The property is located at 8210 E GARFIELD Street K215 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $91,900.
What are key features of this property?
This property features: 720‑square‑foot, one‑bedroom apartment; Fresh paint and carpet, plus cabinet and storage space; Pool view; near covered parking, laundry facility and mailbox
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