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17132 E Salida Drive, Fountain Hills
$729,000
6 Beds ⋅ 4 Baths ⋅ 7095896 MLS ⋅ 85268 Zip Code
TWO SPACIOUS UNITS, ONE SMART INVESTMENT! PRIME TURNKEY DUPLEX IN SOUGHT-AFTER FOUNTAIN HILLS -- FULLY LEASED! An outstanding addition to any portfolio, this beautifully maintained fee-simple duplex offers immediate, reliable cash flow from day one. Built in 2003 on a generous 100x125 lot, the property features two identical, expansive units--each offering 3 bedrooms, 2 full baths, 2CG step free and approximately 1,300 square feet of living space (6 beds / 4 baths total). With vetted, long-term tenants already in place, this is a hands-off, low-maintenance performer in one of Arizona's most desirable rental markets. Rare stability meets prime Fountain Hills real estate.

17132 E Salida Drive, Fountain Hills
12005 N Panorama Drive, Fountain Hills
$4,395,000
20 Beds ⋅ 12 Baths ⋅ 7091053 MLS ⋅ 85268 Zip Code
Boardwalk Apartments at Fountain Park: 12-unit boutique courtyard community, a 1988 masonry office building taken to shell and converted to residential in 2025. 100% occupied, no concessions. $1,981 avg rent ($2.49/SF), a 55% premium to the Fountain Hills comp set. 5.12% cap on $224,979 owner-operated NOI. $366,250/unit, in line with the $366K median of 10 Phoenix-metro small MF sales since 1/2025. 20.7% expense ratio, owned solar array, poured concrete parking, all-new systems, in-unit W/D. No multifamily pipeline in supply-constrained Fountain Hills. OM available. Property owners are licensed real estate professionals in the State of Arizona. Connect with broker for an exterior property tour. Do not disturb tenants.

12005 N Panorama Drive, Fountain Hills

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