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16601 N PARKVIEW Place, 101, Surprise, AZ 85374

$9,500,000
Property Type: Multiple Dwellings Status: Active
Current Price: $9,500,000 Last Modified: 11/01/2024

Description

Parkview Townhomes, a 27-unit townhome community located in the heart of Surprise, Arizona. Rated as a top 25 U.S. Growth City every year since 2020, Parkview Townhomes is well-positioned to experience continued strong rent and occupancy trends driven by Surprise's quickly developing skyline and the continually increasing demand for SFR/BTR product further augmented by the current costs of home ownership.

More Information MLS# 6778282

Contract Info

Current Price: $9,500,000 List Price: $9,500,000 Status: Active List Date: 2024-10-31 Ownership: Fee Simple

Location Tax Legal

House Number: 16601 Compass: N Street Name: PARKVIEW St Suffix: Place City/Town Code: Surprise State/Province: AZ Zip Code: 85374 Country: USA County Code: Maricopa Subdivision: PARKVIEW TOWNHOMES Assessor Number: 509-12-870 Tax Year: 2024

General Property Description

Lot Size Dimensions: 1.89 Year Built: 2024 Uncvrd Parking Spcs: 8 Total # of Units: 27 # of Buildings: 4 Zoning: PAD Flood Zone: No Elementary School District: Dysart Unified District High School District: Dysart Unified District Elementary School: Kingswood Elementary School Jr. High School: Valley Vista High School High School: Valley Vista High School

Remarks Misc

Cross Street: W Bell Rd & N Bullard Ave Geo Lat: 33.634966 Geo Lon: -112.381122

Status Change Info

Status Change Date: 2024-10-31

Legal Info

Township: 3N Range: 1W Section: 5 Lot Number: 1

Income Expenses

Gross Annual Sch Inc: 841995 Net Operating Income: 728830

Showing Notification Methods

Showing Service: Non-MLS Showing Service - See Private Remarks

3 Bedrooms Units

# 3 Bedroom Units: 3 Avg Rent: 2750 Avg SqFt: 1454 # Baths: 25

Property Features

Project Type: 25 - 50 Units Construction: Frame - Wood Const - Finish: Stucco Roofing: Foam Floors: Vinyl Sale Includes: Land & Building Community Amenities: Pool Interior Amenities: Unfurnished Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Individual Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking: Garage Owner Pays: None Tenant Pays: Water; Sewer; Electric; Gas; Trash; Cable TV Source of Fincl Data: Projected Proforma Showing Notification Methods: Email; Phone Call Lockbox Type: See Private Remarks New Financing: Cash; Conventional; 1031 Exchange Environmental: Other (See Remarks)
Listing Office: Berkadia Real Estate Advisors
Last Updated: November - 01 - 2024
16601 N PARKVIEW Place, 101, Surprise, AZ 85374- MLS# 6778282
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