For Sale Condo MLS# 7104161

12221 W BELL Road 360

Surprise, AZ 85378

$98,000

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Listing Office

Officearizona-regional-mls-rsd logoRealty ONE Group
AgentSean Rubek
Phone623-236-1414

About 12221 W BELL Road 360

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!

Property details

Property

Type
Apartment
MLS type
Lease
Status
Active
Year built
1987
Stories
3
Living area
405 sqft
Price / sqft
$242
Lot
0.01
Original price
$98,000
MLS #
7104161

Interior

Features
High Speed Internet, Laminate Counters
Flooring
Tile
Heating
Heat Pump, Electric
Cooling
Heat Pump
Laundry
Inside

Exterior & lot

Features
Balcony
Construction
Stucco, Wood Frame, Painted
Roof
Foam, Rolled/Hot Mop
Lot
View
Parking
Common

Schools

District
Dysart Unified District
Elementary
Thompson Ranch Elementary
Middle
Thompson Ranch Elementary
High
Valley Vista High School

Utilities

Utilities
Public Sewer, Public, Electricity on Property
Water
Public
Sewer
Public Sewer

Financial

HOA
Yes
Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$240
Tax year
2025
Parcel
50124367
Legal
LOT 360 SPRINGS CONDOMINIUM MCR 035246

Location

Subdivision
SPRINGS CONDOMINIUM
County
Maricopa
Community
Asphalt, Management, No Visible Truck Trailer RV Boat, Rental OK (See Remarks), Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior, 190.0, Monthly
Directions
From Bell Rd, turn South on El Mirage Rd. Turn east at 2nd entrance into The Springs.

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.