Renovated Two-Bedroom Residential
New
For Sale
$429,900
9460 E Mission Ln #215, Scottsdale, AZ 85258
Updated interior pairs a split-bedroom layout with access to pools, courts, and shared walking paths.
Property Size1,145 SF
Price / SF$375.46
Days on Market1
Property Features for 9460 E Mission Ln #215
General Information
Standard status
Active
Size
1,145 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
greenbelt
walking paths
pools
tennis courts
pickleball
guest parking
Building Details
Year Built
1992
Listing Agency:
The Agency
(480) 878-3000
Listed By:
AZ & Associates
(602) 456-7600
Source:
Azandassociates
Added: Oct 7
Last Checked: Oct 7 at 10:48AM
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 The Agency
Investment Insights
Based on property information with market context.
This 1,145-square-foot condominium was built in 1992 and has a split two-bedroom, two-bathroom layout. Interior improvements include a renovated kitchen with white Shaker cabinets and stainless steel appliances, wood-look tile, plantation shutters, dual-zone air conditioning, and a stone fireplace beneath vaulted ceilings. A washer and dryer are also included.
Residents have access to eight pools, tennis and pickleball courts, walking paths, a greenbelt, and guest parking. The property is in Scottsdale, near the Loop 101, medical services, HonorHealth Hospital, shopping, golf courses, and Salt River Fields.
Residents have access to eight pools, tennis and pickleball courts, walking paths, a greenbelt, and guest parking. The property is in Scottsdale, near the Loop 101, medical services, HonorHealth Hospital, shopping, golf courses, and Salt River Fields.
Key Highlights
- 1,145‑square‑foot condominium with two bedrooms and two bathrooms
- Renovated kitchen with Shaker cabinetry and stainless steel appliances
- Dual‑zone air conditioning and a stone fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,248
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,960
$265.0K
Cap Rate 7%
$189,257
$189.3K
Cap Rate 9%
$147,200
$147.2K
Market Conditions
NOI Build-Up for 1,145 SF
Gross rent
$25.1K $21.96/SF
− Vacancy
−$1.1K −$0.92/SF
EGI
$24.1K $21.04/SF
− OpEx
−$10.8K −$9.47/SF
NOI
$13.2K $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%
$264,960
Cap Rate 7%
$189,257
Cap Rate 9%
$147,200
Alternative Uses
Best Use
Apartment 5plus
$189.3K
$165.6K – $220.8K
NOI $13,248 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$375.9K
$328.9K – $438.5K
NOI $26,311 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,367
Businesses Nearby
Explore this area
Business Placement
Demographics for 85258, AZ
25,203
Population
15,566
Households
1.6
Avg Household Size
55
Median Age
63%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
2,447
Density / Sq Mi
$105,171
Median Household Income
$68,184
Median Earnings
$1,945
Median Rent
$744,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interior pairs a split-bedroom layout with access to pools, courts, and shared walking paths.
Where is this residential income property located?
The property is located at 9460 E Mission Ln #215 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1,145‑square‑foot condominium with two bedrooms and two bathrooms; Renovated kitchen with Shaker cabinetry and stainless steel appliances; Dual‑zone air conditioning and a stone fireplace
