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6190 Rio Lindo Shores Dr - Mega Dock House - AirBNB 4,754 SF Specialty Building Offered at $4,143,253 CAD at a 7.73% Cap Rate in Parker, AZ 85344



INVESTMENT HIGHLIGHTS
- Great 1031 potential
- Great asset if you have a Private Aircraft! P20 is 10 minutes away
- 1991 Construction with massive remodel in 2025
EXECUTIVE SUMMARY
Imagine owning one of the Largest Homes on the Colorado River (fee simple land) in Arizona with one of the largest private docks ever constructed with permits (1800+ Sq ft) accommodating 4 boats and 2 jet ski ports and outside deck areas also consisting of approximately 1800 sqft. (buyer to verify all measurements). The home has 5 Bedrooms and 5 Baths which ALL facing the River for incredible views. Imagine purchasing this Investment with 1031 exchange funds and continuing with AirBNB and qualifying as a 1031 Investment (check with your CPA). Daily Rentals have lease for up to $1200 a night and is booked our almost every weekend (see pic of August Reservations 2025). This is a very special asset and a once is a lifetime opportunity! Extensive remodel done 2024/2025. All Furnishings included. HOA fees are incredibly low at $300 a YEAR. HOA has a Boat Ramp approximately 250 yards from the house! HOA permits AirBNB's. AZ property taxes are very reasonable (estimated $13K p/yr) and insurance is also readily available.
This asset is situated in Parker AZ directly on the Colorado River! Parker is a 40 minute drive to Lake Havasu and 2 1/2hr drive to Las Vegas and Phoenix (major airports). Those with access to a private aircraft - you are in luck! P20 Avi Sequila Airport has a 6,000 ft runway at 458' MSL which is just a few miles away from your new investment. P20 is fully staffed and can accommodate all GA Traffic with Jet A and 100LL fueling options.
Not sure which 1031 you should buy? Park your funds here, make $$ and enjoy visiting your asset with a smile! While in Parker AZ (working), you will also enjoy Jet skiing, floating bars, casinos, boating, UTV's, and fun fun fun. Parker AZ benefits with an average of 306 sunny day a year and is a favorite destination during the winter months for "Snowbirds" to come and escape winter weather.
Additional benefits of this investment home, you can park your RV or super fast boat in the gigantic RV garage or use the potential 8 car parking onsite to host all your friends.
Check it out. This asset is a game changer to potentially bring you BOTH: income and excitement!
This asset is situated in Parker AZ directly on the Colorado River! Parker is a 40 minute drive to Lake Havasu and 2 1/2hr drive to Las Vegas and Phoenix (major airports). Those with access to a private aircraft - you are in luck! P20 Avi Sequila Airport has a 6,000 ft runway at 458' MSL which is just a few miles away from your new investment. P20 is fully staffed and can accommodate all GA Traffic with Jet A and 100LL fueling options.
Not sure which 1031 you should buy? Park your funds here, make $$ and enjoy visiting your asset with a smile! While in Parker AZ (working), you will also enjoy Jet skiing, floating bars, casinos, boating, UTV's, and fun fun fun. Parker AZ benefits with an average of 306 sunny day a year and is a favorite destination during the winter months for "Snowbirds" to come and escape winter weather.
Additional benefits of this investment home, you can park your RV or super fast boat in the gigantic RV garage or use the potential 8 car parking onsite to host all your friends.
Check it out. This asset is a game changer to potentially bring you BOTH: income and excitement!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$380,432
|
$80.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$380,432
|
$80.02
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$62,253
|
$13.09
|
| Net Operating Income |
$318,180
|
$66.93
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $380,432 |
| Annual Per SF | $80.02 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $380,432 |
| Annual Per SF | $80.02 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $62,253 |
| Annual Per SF | $13.09 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $318,180 |
| Annual Per SF | $66.93 |
PROPERTY FACTS
| Price | $4,143,253 CAD | Lot Size | 0.52 AC |
| Price Per SF | $871.53 CAD | Building Size | 4,754 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 7.73% | Year Built/Renovated | 1991/2025 |
| Property Type | Specialty | Parking Ratio | 1.68/1,000 SF |
| Building Class | B |
| Price | $4,143,253 CAD |
| Price Per SF | $871.53 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.73% |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 4,754 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2025 |
| Parking Ratio | 1.68/1,000 SF |
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6190 Rio Lindo Shores Dr - Mega Dock House - AirBNB
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