Bella Villas Apartments 7320 E Belleview St 21 Unit Apartment Building $9,151,059 CAD ($435,765 CAD/Unit) 5.78% Cap Rate Scottsdale, AZ 85257

Bella Villas is a 21-unit, pride of ownership community located in the dynamic South Scottsdale submarket and just minutes from Old Town Scottsdale. The community has undergone significant interior and exterior renovations with over $900K in quality capital improvements. The unit interiors were fully upgraded with modern finishes that greatly enhanced the resident’s living experience. Interior improvements include modern white shaker cabinets, decorative glass tile backsplashes, modern quartz countertops, stainless-steel under mount sinks with modern retractable anodized bronze accordion faucets, new stainless-steel appliances including built in microwaves and dishwashers. Additionally, new modern waterproof wood plank flooring throughout, 4” baseboards, modern doors/hardware/blinds, new modern lighting fixtures, remote control modern dual draft ceiling fans and in-unit washer and dryer were installed. In the bathrooms, the showers have modern 12” x 24” porcelain tile that compliments the new white shaker bathroom vanities with quartz countertops, new low-flow toilets and modern anodized bronze faucets and fixtures.

Significant exterior capital improvements were made in 2025 that will benefit new ownership and that transformed the look and feel of the community. These improvements include all new roofs and HVAC’s, modern exterior paint and trim, modern outdoor lounge chairs and umbrellas around the pool, all new low-maintenance desert rock landscape with new trees and flowering bushes throughout to soften the look and feel of the community. Most of the units have their own large private block patios with private wrought iron gates and artificial grass within the enclosed private patios.

Scottsdale’s Art District, SoDo, Old Town Avenue Shops, Waterfront, and Scottsdale Fashion Square Mall are all located just minutes from Bella Villas. Scottsdale’s Art District offers art fans the ability to peruse the galleries of Main Street and visit the Scottsdale Museum of Contemporary Art and Western Spirit: Scottsdale’s Museum of the West. Bella Villas is within walking distance to nearly every cuisine possible. Scottsdale is home to world-famous restaurants such as Mastro’s City Hall Steakhouse, Yardhouse, Cowboy Ciao, The Oasis at The Phoenician, Taggia, and II Terrazzo. Scottsdale has resort dining, dive bars with finger foods, steak houses, American, BBQ, Italian, Asian, and of course, Mexican dining. Many of these restaurants are located in Old Town Scottsdale, next to Scottsdale Fashion Square Mall and 5th Avenue shops. If you are looking for a more relaxed place to eat, Scottsdale has more causal eateries such as Cien Agaves Tacos & Tequila, Salty Senorita, Culinary Dropout, and the Sugar Bowl Ice Cream Parlor & Restaurant. Many of the restaurants in Old Town are on the trolley line. The trolley makes it easy to dine out with friends and family without the hassle of parking.

Furthermore, Bella Villas is comprised of 21 individually parceled townhome & patio home units. New ownership is poised to reap the benefit of operating the property as a rental community while the Scottsdale townhome and single-family home markets continue lead the Metro Phoenix area in home prices. The individual parcels preserve the option to sell off the townhome and patio homes individually for a substantial gain in the future and provide multiple exit strategies for the disposition of the asset.