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Six at Park 603 East St 27 Unit Apartment Building $16,072,121 CAD ($595,264 CAD/Unit) 7% Cap Rate Parkville, MO 64152
Investment Highlights
- New Construction (2019) with Modern Design
- Scarcity & High Demand
- Unmatched Location & Walkability
- Operational Efficiency & Value-Add Opportunity
- Strong Rental & Growth Potential
Executive Summary
Six at Park presents a rare opportunity to acquire a newly constructed (2019) commercial asset in the heart of Downtown Parkville, a charming and rapidly growing district. This premium property is within walking distance of Parkville’s lively downtown, known for its boutique shops, restaurants, and vibrant community atmosphere. With no new apartment construction in the vicinity, Six at Park meets the increasing demand for high-quality space in this sought-after location.
This property checks all the boxes: location, demand, long-term growth, operational efficiency, and an undeniable scarcity factor.
This property checks all the boxes: location, demand, long-term growth, operational efficiency, and an undeniable scarcity factor.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Carpet
- Vinyl Flooring
- Floor to Ceiling Windows
Site Amenities
- Controlled Access
- Courtyard
- Fitness Center
- Laundry Facilities
- Grill
- Wi-Fi
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | 1,086 |
| 2+2 | 24 | - | 838 - 950 |
| 3+2 | 1 | - | 1,105 |
| 3+2.5 | 1 | - | 1,271 |
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 20-70-35-100-040-001-000 | Improvements Assessment | $4,041 CAD |
| Land Assessment | $114,621 CAD | Total Assessment | $118,662 CAD |
Property Taxes
Parcel Number
20-70-35-100-040-001-000
Land Assessment
$114,621 CAD
Improvements Assessment
$4,041 CAD
Total Assessment
$118,662 CAD
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Six at Park | 603 East St
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