Residential Condo with Private
New
For Sale
$140,000
9687 N 111th Ave, Sun City, AZ 85351
Updated interior finishes, ceiling fans, covered parking, and a kitchen-adjacent outdoor space add practical features to the unit.
Property Size879 SF
Price / SF$159.27
Days on Market5
Property Features for 9687 N 111th Ave
General Information
Standard status
Active
Size
879 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
1
Amenities
private patio
grassy courtyard
Building Details
Year Built
1967
Listing Agency:
West Usa Realty
(602) 942-4200
Listed By:
Ryan Bieber
(623) 323-9559
Source:
Searcharizonahomesforsale
Added: Oct 11
Changed: Oct 15
Last Checked: Oct 14 at 11:37PM
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 West Usa Realty
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Investment Insights
Based on property information with market context.
This 879 residential condo, built in 1967, has laminate flooring, ceiling fans in each room, and updated windows and sliding door. The kitchen and utility room offer storage, while the bath has a newer vanity and walk-in shower. A private patio extends from the kitchen, and covered parking is positioned behind the unit.
The property is in Sun City, with Mountain View Rec Center and Sun City Country Club a 5-minute drive away. A grassy courtyard is shared by the community.
The property is in Sun City, with Mountain View Rec Center and Sun City Country Club a 5-minute drive away. A grassy courtyard is shared by the community.
Key Highlights
- 879 property size; built in 1967
- Kitchen‑adjacent private patio
- Covered parking behind the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,920
Cap Rate
7.09%
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 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$271.9K
$237.9K – $317.2K
NOI $19,033 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interior finishes, ceiling fans, covered parking, and a kitchen-adjacent outdoor space add practical features to the unit.
Where is this residential income property located?
The property is located at 9687 N 111th Ave Sun City, AZ.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 879 property size; built in 1967; Kitchen‑adjacent private patio; Covered parking behind the unit
