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UNIT 103/12123 W Bell Rd

Surprise AZ 85374

1
1
1
576 sq. ft.
590 sq. ft.
Apartment
Currently for sale - view listing

Overview

Investor-ready condo with an estimated 4.8% cap rate and 4.8% cash-on-cash return. A tenant is already in place with a lease through June 2027, offering immediate income, predictable occupancy, and an attractive buy-and-hold opportunity with long-term appreciation potential. First level upgraded 1 bedroom 1 bath unit at Cliffs Condomiium in a convenient Surprise location. Bright open plan with plank flooring throughout. Kitchen includes built-in microwave, electric range, full-size refrigerator and breakfast bar. Bath with tub/shower combination and glass door enclosure. Full size washer and dryer with shelves for additional storage. Back patio overlooks the club house and pool. Water, sewer, trash and roof replacement are included.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
576 sq. ft. floor area
590 sq. ft. lot size
Apartment

Property history for UNIT 103/12123 W Bell Rd

2021
Sold
$120,000
05 May 2021 by Kevin Beasley, of New Start Realty and Relocation
2020
Sold
$95,500
10 Jan 2020
2019
Sold
$78,000
15 Feb 2019 by Patrick McEvilly, of HOMESMART

Happy sellers in Surprise

79%
79% of sellers in Surprise reported that their sale price either exceeded or met their price expectations.

Surprise stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Surprise over the last 12 months.

Local market activity for 1 bedroom apartments in Surprise

In the last 12 months, 15 one-bedroom apartments similar to UNIT 103/12123 W Bell Rd, have been sold.

This represents a 22% increase in one-bedroom apartments sales when compared to the previous 12 months.

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