Courtesy of HomeSmart
Property Description
Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Built-In Range
- Disposal
- Dishwasher
- Refrigerator
- Built-In Gas Oven
- Microwave
- Washer/Dryer
- W/D Hookup
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Bathrooms
- 26 total bathrooms
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Bedrooms
- 40 total bedrooms
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Building
- Built in 1961
- 3 buildings
- Construction Materials: Stucco, Block
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Community
- Pool
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Cooling
- Central Air
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Disclosures
- None
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Expenses
- Operating: $50,189
- Other Expense: $42,867
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Floors
- Vinyl
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Heating
- Central
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Income
- Gross Income: $342,190
- Gross ScheduledIncome: $333,600
- Net Operating Income: $297,317
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Listing
- Listing ID: 6946527
- Standard Status: Active
- MLS Status: Active
- On market as of 2025-11-17
- 277 days on market
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Location
- Subdivision: PARK MARYLAND AMD
- County/Parish: Maricopa
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Lot
- Dimensions: 100×270
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Owner Pays
- Pool Maintenance
- Trash Collection
- Water
- Sewer
- Cable TV
- Landscaping
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Parking
- 19 covered spaces
- 20 open parking spaces
- 39 total parking spaces
- Detached Carport
- >1 Space Per Unit
- 1 Space/Unit
- On Street
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Roof
- Composition
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Schools
- High School District: Glendale Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 156-13-086-A
- Public Survey Range: 2E
- Public Survey Section: 12
- Annual Amount: $7,322
- Tax Book Number: 156.00
- Legal Description: LOT 10 PARK MARYLAND AMD MCR 007625
- Lot: 10
- Parcel Letter: A
- Year: 2024
- Zoning: R-4
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Utilities
- Water Source: City Franchise
- Individual Meter
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This content last updated on September 5, 2026 12:35AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.