14230 W CALAVAR Road, Surprise, AZ 85379 (MLS# 7003341)

Special Listing Cond: N/A

Master Bathroom: Full Bth Master Bdrm

Spa: None

Dining Area: Dining in LR/GR

Kitchen Features: Electric Range; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Counters; Kitchen Island

Laundry: Inside

Construction: Wood Frame

Const - Finish: Painted; Stucco

Roofing: Tile

Cooling: Ceiling Fan(s); Heat Pump

Heating: Heat Pump

Utilities: APS

Water Source: City Water

Sewer: Sewer - Public

Fencing: Back Yard; Block

Landscaping: Desert Front; Desert Back; Yrd Wtring Sys Front

Lockbox Type: None

Possession: Close of Escrow

Association Fee Incl: Common Area Maint; Street Maint; Other (See Remarks)

Existing 1st Loan: Treat as Free&Clear

New Financing: Cash; Conventional

Disclosures: Seller Discl Avail; Agency Discl Req; Other (See Remarks)

This well-maintained 4-bedroom, 3-bathroom single-family investment property offers a compelling combination of stable income, quality construction, and future rental upside. Built in 2006 by Standard Pacific Homes, the home features durable materials and functional design appealing to long-term tenants. The property consists of approximately 1,818 square feet and sits on a 6,836 square foot lot (0.157 acres). Additional highlights include a 2-car garage, covered patio, and granite kitchen countertops, enhancing both tenant desirability and long-term value. Currently leased to a long-term tenant, the property provides immediate income while offering the opportunity to increase rents to market levels. Property Highlights 4 Bedrooms / 3 Bathrooms Approx. 1,818 SF Built in 2006 Builder: Standard Pacific Homes Wood frame construction with painted stucco Concrete tile roof (low maintenance) Heat pump system Granite kitchen countertops Covered patio 2-car garage 6,836 SF lot (0.157 acres) Investment Summary Current Rent: $1,995/month + $110 pet rent Below-market rents with upside to ~$2,200/month RUBS income in place Long-term tenant provides stability Investment Narrative This property presents an opportunity to acquire a newer construction (2006) asset with low-maintenance features and stable tenancy already in place. The concrete tile roof, stucco exterior, and efficient systems help reduce ongoing expenses, making it an ideal hold property. With a spacious 4-bedroom, 3-bath layout, outdoor living via a covered patio, and interior upgrades such as granite countertops, the home is well-positioned to command higher rents in today's market. The current below-market lease allows an investor to increase income over time, improving overall returns while maintaining a strong, stable asset in a desirable rental segment. Buyer to Verify all facts and figures Located in the heart of Surprise, Arizona, this property benefits from one of the fastest-growing and most desirable submarkets in the Northwest Phoenix Metro area. Known for its strong population growth, quality housing, and expanding employment base, Surprise continues to attract both residents and investors seeking long-term stability and upside. This property is ideally positioned within a well-established residential neighborhood featuring clean streets, pride of ownership, and consistent demand for housing. The surrounding area offers a balanced mix of single-family homes, parks, and neighborhood retail, creating a highly livable and tenant-friendly environment. Residents enjoy close proximity to major transportation corridors including Loop 303, US-60 (Grand Avenue), and Bell Road, providing seamless connectivity to the greater Phoenix Metro. The continued expansion of Loop 303 has been a major catalyst for new industrial, logistics, and employment growth, further strengthening the area's economic foundation. Major Employers & Economic Drivers The Northwest Valley has experienced significant job growth, supported by a diverse mix of industries including healthcare, logistics, manufacturing, and technology. Key employers and economic drivers in the area include: Banner Del E. Webb Medical Center - Major regional hospital and healthcare employer driving steady job demand TSMC - Multi-billion-dollar semiconductor fabrication plant in North Phoenix creating thousands of high-paying jobs and supporting long-term regional growth Amazon Fulfillment & Distribution Centers - Large-scale logistics operations along the Loop 303 corridor Walmart Distribution Centers - Major regional supply chain presence supporting employment in the West Valley Frito-Lay & PepsiCo - Manufacturing and distribution facilities in the greater West Valley City of Surprise & Dysart Unified School District - Stable public sector employment base Rapid expansion of industrial parks and distribution hubs along Loop 303, attracting national and international companies This strong and diversified employment base supports consistent population growth, housing demand, and long-term economic stability. Lifestyle & Amenities Residents benefit from convenient access to a wide range of amenities, including: Retail & Dining: Surprise Marketplace, Bell Road corridor retail, grocery stores, and national brands Healthcare: Banner Del E. Webb Medical Center and nearby medical offices Recreation: Surprise Community Park, golf courses, and outdoor spaces Spring Training: Home to MLB's Kansas City Royals and Texas Rangers at Surprise Stadium Education: Schools within the Dysart Unified School District Why This Location Works Rapid population growth in the Northwest Valley Strong rental demand driven by affordability compared to central Phoenix Direct access to Loop 303 employment corridor Proximity to major job hubs including TSMC and logistics centers Established neighborhood with consistent occupancy trends Close to retail, healthcare, and recreational amenities