12123 W BELL Rd 103, Surprise, AZ 85378

Bed
1
Bath
1
Sqft
576

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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.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
1
Number of bedrooms
1
Number of bathrooms
1
Square feet
576
Lot size (acres)
0.01
Year built
1987

Interior features

Laundry
Inside

Exterior features

Water view
Yes

Utilities

Heating
Electric
Cooling
Central Air, Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

HOA Fees
$200

Taxes

Tax Annual Amount (2025)
$325

Public schools

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Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 7044722 Last checked:

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.