Renovated Residential Income
For Sale
$229,900
9667 N 111TH Avenue, Sun City, AZ 85351
The furnished residence pairs updated kitchen and bath finishes with a private patio finished in travertine.
Property Size879 SF
Price / SF$261.55
Days on Market204
Property Features for 9667 N 111TH Avenue
General Information
Standard status
Active
Size
879 SF
Property subtype
Apartment
Additional Details
Furnished
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$354
Amenities
fitness gyms
swimming pools
hot tubs
bowling
outdoor amphitheater
pickleball
shuffle board
pool tables
electronic darts
tennis
mini golf
paddle boats
golf courses
library
dog park
private patio
washer/dryer
Building Details
Building Size
879 SF
Year Built
1967
Year Renovated
2024
Listing Agency:
RealtyONEGroup Mountain Desert
Listed By:
Bill Ristow · License #SA577258000
(714) 420-9779
Source:
Themoderndesertgroup
Added: Apr 13
Changed: Nov 1
Last Checked: Nov 1 at 3:35PM
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 RealtyONEGroup Mountain Desert
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Investment Insights
Based on property information with market context.
Built in 1967, this 879-square-foot furnished residence has a renovated kitchen with granite counters, appliances, and added pantry storage. Interior improvements include laminate flooring, dual-pane Low-E windows, updated lighting, and a remodeled bathroom. The laundry room has washer and dryer, added cabinetry, and air conditioning. A private patio features travertine paving, with steel security screen doors at the front and rear. The roof was installed in 11/2025.
The property is in Sun City, a 55+ community with eight recreation centers. Community amenities include fitness gyms, pools, hot tubs, bowling, pickleball, tennis, mini golf, an outdoor amphitheater, a library, and eight golf courses.
The property is in Sun City, a 55+ community with eight recreation centers. Community amenities include fitness gyms, pools, hot tubs, bowling, pickleball, tennis, mini golf, an outdoor amphitheater, a library, and eight golf courses.
Key Highlights
- 879‑square‑foot residence built in 1967
- Roof installed in 11/2025
- Furnished; kitchen includes appliances, granite counters, and added pantry storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,920
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,400
$198.4K
Cap Rate 7%
$141,714
$141.7K
Cap Rate 9%
$110,222
$110.2K
Market Conditions
NOI Build-Up for 879 SF
Gross rent
$19.0K $21.60/SF
− Vacancy
−$949 −$1.08/SF
EGI
$18.0K $20.52/SF
− OpEx
−$8.1K −$9.23/SF
NOI
$9.9K $11.29/SF
Area
Maricopa County, AZ
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,400
Cap Rate 7%
$141,714
Cap Rate 9%
$110,222
Alternative Uses
Best Use
Apartment 5plus
$141.7K
$124.0K – $165.3K
NOI $9,920 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$271.9K
$237.9K – $317.2K
NOI $19,033 @ 7.0% cap · market cap 8.28%
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
232
Businesses Nearby
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Business Placement
Demographics for 85351, AZ
29,795
Population
20,414
Households
1.5
Avg Household Size
73
Median Age
24%
College-Educated
93%
High-School Grad
10.9 sq mi
ZIP Area
2,733
Density / Sq Mi
$50,812
Median Household Income
$29,786
Median Earnings
$1,477
Median Rent
$250,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The furnished residence pairs updated kitchen and bath finishes with a private patio finished in travertine.
Where is this residential income property located?
The property is located at 9667 N 111TH Avenue Sun City, AZ.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 879‑square‑foot residence built in 1967; Roof installed in 11/2025; Furnished; kitchen includes appliances, granite counters, and added pantry storage
