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12221 W BELL Road, Unit 360
Surprise, AZ 85378
today NEW · Active
$98,000
$242 / Sqft
1
Baths
405
Sqft
0.01
Acres
1987
Yr. Built
MLS# 7104161
Cumulative Days on Market: 1 · Includes prior listings · Currently listed since 11/08/26 · Data provided by the MLS.

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!

Property Highlights

Property Type
Residential
Property Sub Type
Apartment
Total Bathrooms
1
Acres
0.01
Year Built
1987
Cumulative Days on Market
1

Location

City/Township
Surprise
Subdivision
SPRINGS CONDOMINIUM
County
Maricopa

Property Details

Price
$98,000
Property Type
Residential
Property Sub Type
Apartment

Building

Stories
3
Total Area
405

Community

Community Features
Pool

Local Schools

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

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
1
Full Bathrooms
1
Other Rooms
Great Room

Appliances

Appliances
Stacked Washer/Dryer, Refrigerator, Electric Cooktop

Interior Features

Interior Features
High Speed Internet, Laminate Counters
Flooring
Tile
Laundry Features
Inside

Heating and Cooling

Heating Features
Heat Pump, Electric
Cooling Included
Yes

Building Details

Construction

Builder
unknown
Year Built
1987
Common Walls
Neighbor Below, End Unit

Materials

Construction Materials
Stucco, Wood Frame, Painted
Roof
Foam, Rolled/Hot Mop

Terms

Terms

Ownership
Condominium
Disclosures
Agency Discl Req, Seller Discl Avail
Special Conditions
N/A
Special Terms
Cash, Conventional
Cumulative Days on Market
1

Taxes

Tax

Tax (Annual)
$240

HOA

Has HOA
Yes
Association Fee
$190 /mo
Association Fee Includes
Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Heating, Cooling & Utilities

Cooling Features
Heat Pump

Utilities

Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.01
Lot Size
461
Lot Size Area Sq Ft
461
Lot Features
Borders Common Area, Grass Front
Road Surface
Asphalt

Exterior Features

Exterior Features
Balcony, Balcony
Fencing
None

Parking

Parking Features
Common

Pool Features

Spa Features
None
Listed by Realty ONE Group, 602-413-9939
Listing Data last updated 11/09/2026 08:40 am
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Property History

Today
Property information last updated
Today
Status Active. This is the most recent date the listing was placed on market.
Cumulative Days on Market: 1 day (includes prior listings) · Currently listed since November 8, 2026. Data provided by the MLS.

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