12221 W Bell Road Unit 360, Surprise, AZ 85378

$98,000
1
BA
405
SqFt

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List Price
$98,000
Days on Market
1
Status
ACTIVE
MLS#
7104161
City
Surprise
Bathrooms
1
Living SQFT
405
Lot Size
461
Subdivision
Springs Condominium
Year Built
1987
Type
Apartment

Property Description

Turnkey 6.5% Cap Rate Studio in The Springs Resort! Immediate cash flow for savvy investors! Top-floor end-unit studio in The Springs condo resort community, fully tenant-occupied at $850/month (6.5% return). Features a functional open living/dining layout, kitchen with fridge, private balcony, full bathroom, and extra storage. Great long-term tenant in place with excellent short-term rental potential for added upside!

Additional Information

Elementary School
Thompson Ranch Elementary
High School
Valley Vista High School
Middle School
Thompson Ranch Elementary
Acres
0.01
Assoc Fee Includes
Maintenance Exterior, Roof Repair, Roof Replacement, Insurance, Water, Trash, Pest Control, Front Yard Maint, Maintenance Grounds, Street Maint
Hoa Fee
$190
Hoa Fee Frequency
Monthly
Hoa
Yes
Hoa Name
The Springs Condo As
Builder Name
unknown
Construction
Wood Frame, Painted, Stucco
Cooling
Heat Pump
Exterior Features
Balcony
Fencing
None
Flooring
Tile
Heating
Electric, Heat Pump
Laundry
Inside
Living Area
405
Lot Size
461
New Financing
Cash, Conventional
Other Rooms
Great Room
Parking Features
Carport
Lot Features
Borders Common Area, Grass Front
Roofing
Foam
Sewer
Public Sewer
Spa
None
Stories
3
Subdivision
Springs Condominium
Taxes
$240
Tax Year
2025
Water
Public

Courtesy of Realty ONE Group. 602-413-9939

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