Updated Residential Income
New
For Sale
$240,000
9960 W Forrester Dr, Sun City, AZ 85351
The single-level residence pairs updated interior finishes with a private courtyard and covered patio.
Property Size1,256 SF
Price / SF$191.08
Days on Market5
Property Features for 9960 W Forrester Dr
General Information
Standard status
Active
Size
1,256 SF
Property subtype
Multi-Family
Units
Unit Mix
3BR/2BA
Multifamily Units
1
Amenities
private courtyard
covered patio
fireplace
Building Details
Year Built
1972
Year Renovated
2020
Listing Agency:
Realty One Group
(623) 236-1414
Listed By:
Ryan Bieber
(623) 323-9559
Source:
Searcharizonahomesforsale
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 8:23PM
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 Realty One Group
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Investment Insights
Based on property information with market context.
This 1,256-square-foot, single-level end-unit condo has 3 bedrooms and 2 bathrooms. Updates completed in 2020 included electrical wiring, energy-efficient windows and doors, and removal of the popcorn ceilings. The kitchen features semi-custom cabinetry, quartz countertops, and stainless-steel appliances. Both bathrooms were renovated, with a walk-in shower in one and a deep soaking tub in the other.
Outside, an extended private courtyard has north/south exposure and includes a covered patio, ceiling fans, lighting, and a fireplace. Double doors provide alley access for a golf cart.
Outside, an extended private courtyard has north/south exposure and includes a covered patio, ceiling fans, lighting, and a fireplace. Double doors provide alley access for a golf cart.
Key Highlights
- 3‑bedroom, 2‑bathroom end‑unit condo with 1,256 square feet
- 2020 updates included electrical wiring, energy‑efficient windows and doors, and popcorn ceiling removal
- Kitchen with semi‑custom cabinetry, quartz countertops, and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,175
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,500
$283.5K
Cap Rate 7%
$202,500
$202.5K
Cap Rate 9%
$157,500
$157.5K
Market Conditions
NOI Build-Up for 1,256 SF
Gross rent
$27.1K $21.60/SF
− Vacancy
−$1.4K −$1.08/SF
EGI
$25.8K $20.52/SF
− OpEx
−$11.6K −$9.23/SF
NOI
$14.2K $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%
$283,500
Cap Rate 7%
$202,500
Cap Rate 9%
$157,500
Alternative Uses
Best Use
Apartment 5plus
$202.5K
$177.2K – $236.3K
NOI $14,175 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$388.5K
$340.0K – $453.3K
NOI $27,196 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,208
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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Frequently Asked Questions
What type of property is this?
Residential income property - The single-level residence pairs updated interior finishes with a private courtyard and covered patio.
Where is this residential income property located?
The property is located at 9960 W Forrester Dr Sun City, AZ.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bathroom end‑unit condo with 1,256 square feet; 2020 updates included electrical wiring, energy‑efficient windows and doors, and popcorn ceiling removal; Kitchen with semi‑custom cabinetry, quartz countertops, and stainless‑steel appliances
