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Investment Highlights
- Located just minutes from the Colorado River, known for its recreational activities.
- Investment-friendly property structure aimed at reducing ongoing upkeep costs.
- Positioned near essential retail and local conveniences within Parker’s core area.
Executive Summary
Discover an excellent investment opportunity with this low-maintenance 24-unit condo complex, perfectly positioned in the heart of Parker and just minutes from the river. Each spacious 2 bedroom, 2 bathroom unit offers comfortable living with an efficient layout, ideal for long-term tenants or short-term rental potential. The complex is designed for easy upkeep, helping maximize returns while minimizing operating demands. A rare chance to own a centrally located property with strong rental appeal and unbeatable proximity to local amenities, recreation, and the river lifestyle Parker is known for.
Property Facts
| Price | $4,918,550 CAD | Building Class | C |
| Price Per Unit | $204,940 CAD | Lot Size | 0.69 AC |
| Sale Type | Investment | Building Size | 18,480 SF |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | OT | ||
| Price | $4,918,550 CAD |
| Price Per Unit | $204,940 CAD |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 18,480 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | OT |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 24 | - | 684 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 311-28-063D | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,086,390 CAD |
Property Taxes
Parcel Number
311-28-063D
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,086,390 CAD
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