Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 6946527 – 2014 W Berridge Lane, Phoenix, AZ 85015

$3,780,000 - 40Br/Ba - for Sale in Park Maryland Amd, Phoenix
Price: $3,780,000
Units: 18
Status: Active
Year Built: 1961
Neighborhood: Park Maryland Amd
Days on Website: 291

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

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Built-In Range
  • Disposal
  • Dishwasher
  • Refrigerator
  • Built-In Gas Oven
  • Microwave
  • Washer/Dryer
  • W/D Hookup
  • Bathrooms
  • 26 total bathrooms
  • Bedrooms
  • 40 total bedrooms
  • Building
  • Built in 1961
  • 3 buildings
  • Construction Materials: Stucco, Block
  • Community
  • Pool
  • Cooling
  • Central Air
  • Disclosures
  • None
  • Expenses
  • Operating: $50,189
  • Other Expense: $42,867
  • Floors
  • Vinyl
  • Heating
  • Central
  • Income
  • Gross Income: $342,190
  • Gross ScheduledIncome: $333,600
  • Net Operating Income: $297,317
  • Listing
  • Listing ID: 6946527
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2025-11-17
  • 277 days on market
  • Location
  • Subdivision: PARK MARYLAND AMD
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 100×270
  • Owner Pays
  • Pool Maintenance
  • Trash Collection
  • Water
  • Sewer
  • Cable TV
  • Landscaping
  • Parking
  • 19 covered spaces
  • 20 open parking spaces
  • 39 total parking spaces
  • Detached Carport
  • >1 Space Per Unit
  • 1 Space/Unit
  • On Street
  • Roof
  • Composition
  • Schools
  • High School District: Glendale Union High School District
  • Sewer
  • Public Sewer
  • 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
  • Utilities
  • Water Source: City Franchise
  • Individual Meter

Property Map

$3,780,000 – 2014 W Berridge Lane, Phoenix, AZ 85015

Street View

Nearby Schools

Similar Properties Nearby

This content last updated on September 4, 2026 11:58PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Print Options

Select the items on the page that you would like to print. This "Print Options" block will not be printed.

Main Photo Main Details Property Description Property Features
Additional Photos Addtl Photos Size Location Map Schools