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6190 Rio Lindo Shores Dr - Mega Dock House - AirBNB 4,754 SF Specialty Building Offered at $4,594,515 CAD at a 7.03% 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
DREAMS DO COME TRUE!! Imagine a piece of your Real Estate Portfolio that truly changes your life. An Investment asset that truly puts a SMILE on your face everything you visit it!! An asset you love investing into and showing your friends and family. This offering is no ordinary property!!! What is for sale here is a LEGACY ASSET (a property you will never want to sell - but excited to pass down to your heirs). Why is the Seller letting it go? They bought it from the Trustees of the Original Owner/Developer who held & occupied it for 30+ yrs (Legacy chain ended). The current owner/broker already owns a similar asset less than one mile away and doesn't need two legacy assets so close together. Don't miss this extremely rare opportunity to own an income producing asset with approximately 100' of Colorado River Frontage (average homes have 50' frontage). Don't both looking for Comparable Sales or On Market Deal that compare! There's nothing "On Market" or "Recently Sold" that comes close to this unique offering. The developer that built this for himself also built the entire Rio Lindo Subdivision. This lot was carefully carved out and designed specifically with intent for the owner/builder to have as a forever-asset. Another amazing attribute, EVERY bedroom faces the Colorado River (all 5 of them)! Tremendous effort was put forth to maximize frontage, views, decks, garages, docks, for Owner/Builder/Investor maximum benefit.
Why is this on Loopnet? Because it "should" qualify for a 1031 Tax Deferred Exchange Asset as its currently set up as Income Producing Investment (check with your CPA). In today's environment, why own a bunch of hectic apartments units, office, or retail when you can purchase a Legacy Asset that will make you super excited to visit, own, while ALSO making you money too. (Professional AirBNB management available via the current provider). Truly, you have to see this asset to believe it, Experience it to appreciate it, and Own it to understand it. Current Owner lives a little over 51% in the area and would be happy to explain more. Miscellaneous links are included below to better explain Parker AZ. The year-round activities in Parker AZ include The Parker 400, The Tube Float, The Outlaws, Jet Boat Racing, Water Ski Racing, Jet Ski Competitions, Wake Surfing, Pontoon Boating, Sand Bar Activities, UTV events, Float Plane events, Fishing events, Firework events, this list goes on and on. Every holiday brings families together to the enjoy the Colorado River and this house is Prime Real Estate for Vacation Rentals and in the center of it all.
Additional Info: This is one of the Largest Homes on the Colorado River (fee simple land) in Arizona with one of the largest private docks, (approx 1800+ Sq ft) accommodating 4 boats and 2 jet ski ports and an enclosed swim area (no need for a pool, you have a fresh water river). A home with outside entertaining deck consisting of approximately 1800 sqft. (buyer to verify all measurements). The home has 5 Bedrooms and 5 Baths ALL facing the Colorado River and massive sunset views. Daily Rentals currently range from $600 to over $1200 a night and the home gets booked for most weekends far in advance. Regardless of the season (see pics of March 2026 Rentals - Off Season (pic taken January 15,2026), and June 2026 (pic taken 6 months out) "on season") to understand the tremendous demand for this home. Updated Pic for June 2026 showing over $23k in monthly rental income and 25 of 30 days rented. Note, AIR BNB Reviews are almost perfect 4.88/5.00. Read the reviews! Home is attracting kids and families and repeating clientele. 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 $345 a YEAR. That's NOT a mistake $28.75 a month - HOA fees included access to an oversized Boat Ramp situated approximately 500 feet from the house and Refuse/Trash that is common area amenities .! HOA allows AirBNB's. In addition to low HOA fees, AZ property taxes are also very reasonable (estimated $13K p/yr) and insurance is readily available (and reasonable Approx $7k due to rentals).
Area: Parker AZ is on the Colorado River! a 40-minute drive to Lake Havasu and a 2.5 hour 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 and the home is located a few miles away from the airport. P20 airport is fully staffed and can accommodate all GA Traffic requiring Jet A and 100LL fueling options.
Local Area, Parker AZ has several floating bars, Casinos, Walmart, extensive UTV trails, 306 sunny days a year, easy winters to shelter you from the cold weather (popular retreat for snowbirds)whereas afternoon temps customarily in the 70's all winter long.
Additional benefits of this home, you can park an RV or super-fast boat in the gigantic RV garage or, potential for up to 8 car parking onsite for all of your guests.
Check it out. This asset is undoubtably a life game changer! If you love the outdoors, fast boats, sand toys, amazing sunsets, BBQ'ing with friends and family, small town appeal, upside potential income producing asset, and excited to own a Legacy Property, look at the pics and make you dreams a reality.
With all these positives, there has to be a negative. The location of this home is not for everyone. As you can see from the AirBNB reviews (link attached below), Guests love it! If you are a social butterfly and like to be in the center of the action on a hot summer weekend, this place is beyond perfect. If you are coming to the River for peace and quiet, you better come Sunday-Thursday or off season. This asset is located next to Fox's Floating Bar and a 4-minute walk to Sundance Saloon. Imagine a VIP Mansion next to a lively bar. Not for everyone... With dual pane windows, the noise is not overbearing (see 24+ guest reviews -many are returning guests). For an exciting and fun getaway, this place is the Best of the Best.
Why is this on Loopnet? Because it "should" qualify for a 1031 Tax Deferred Exchange Asset as its currently set up as Income Producing Investment (check with your CPA). In today's environment, why own a bunch of hectic apartments units, office, or retail when you can purchase a Legacy Asset that will make you super excited to visit, own, while ALSO making you money too. (Professional AirBNB management available via the current provider). Truly, you have to see this asset to believe it, Experience it to appreciate it, and Own it to understand it. Current Owner lives a little over 51% in the area and would be happy to explain more. Miscellaneous links are included below to better explain Parker AZ. The year-round activities in Parker AZ include The Parker 400, The Tube Float, The Outlaws, Jet Boat Racing, Water Ski Racing, Jet Ski Competitions, Wake Surfing, Pontoon Boating, Sand Bar Activities, UTV events, Float Plane events, Fishing events, Firework events, this list goes on and on. Every holiday brings families together to the enjoy the Colorado River and this house is Prime Real Estate for Vacation Rentals and in the center of it all.
Additional Info: This is one of the Largest Homes on the Colorado River (fee simple land) in Arizona with one of the largest private docks, (approx 1800+ Sq ft) accommodating 4 boats and 2 jet ski ports and an enclosed swim area (no need for a pool, you have a fresh water river). A home with outside entertaining deck consisting of approximately 1800 sqft. (buyer to verify all measurements). The home has 5 Bedrooms and 5 Baths ALL facing the Colorado River and massive sunset views. Daily Rentals currently range from $600 to over $1200 a night and the home gets booked for most weekends far in advance. Regardless of the season (see pics of March 2026 Rentals - Off Season (pic taken January 15,2026), and June 2026 (pic taken 6 months out) "on season") to understand the tremendous demand for this home. Updated Pic for June 2026 showing over $23k in monthly rental income and 25 of 30 days rented. Note, AIR BNB Reviews are almost perfect 4.88/5.00. Read the reviews! Home is attracting kids and families and repeating clientele. 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 $345 a YEAR. That's NOT a mistake $28.75 a month - HOA fees included access to an oversized Boat Ramp situated approximately 500 feet from the house and Refuse/Trash that is common area amenities .! HOA allows AirBNB's. In addition to low HOA fees, AZ property taxes are also very reasonable (estimated $13K p/yr) and insurance is readily available (and reasonable Approx $7k due to rentals).
Area: Parker AZ is on the Colorado River! a 40-minute drive to Lake Havasu and a 2.5 hour 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 and the home is located a few miles away from the airport. P20 airport is fully staffed and can accommodate all GA Traffic requiring Jet A and 100LL fueling options.
Local Area, Parker AZ has several floating bars, Casinos, Walmart, extensive UTV trails, 306 sunny days a year, easy winters to shelter you from the cold weather (popular retreat for snowbirds)whereas afternoon temps customarily in the 70's all winter long.
Additional benefits of this home, you can park an RV or super-fast boat in the gigantic RV garage or, potential for up to 8 car parking onsite for all of your guests.
Check it out. This asset is undoubtably a life game changer! If you love the outdoors, fast boats, sand toys, amazing sunsets, BBQ'ing with friends and family, small town appeal, upside potential income producing asset, and excited to own a Legacy Property, look at the pics and make you dreams a reality.
With all these positives, there has to be a negative. The location of this home is not for everyone. As you can see from the AirBNB reviews (link attached below), Guests love it! If you are a social butterfly and like to be in the center of the action on a hot summer weekend, this place is beyond perfect. If you are coming to the River for peace and quiet, you better come Sunday-Thursday or off season. This asset is located next to Fox's Floating Bar and a 4-minute walk to Sundance Saloon. Imagine a VIP Mansion next to a lively bar. Not for everyone... With dual pane windows, the noise is not overbearing (see 24+ guest reviews -many are returning guests). For an exciting and fun getaway, this place is the Best of the Best.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$383,457
|
$80.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$383,457
|
$80.66
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$62,748
|
$13.20
|
| Net Operating Income |
$320,710
|
$67.46
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $383,457 |
| Annual Per SF | $80.66 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $383,457 |
| Annual Per SF | $80.66 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $62,748 |
| Annual Per SF | $13.20 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $320,710 |
| Annual Per SF | $67.46 |
Property Facts
| Price | $4,594,515 CAD | Building Class | B |
| Price Per SF | $966.45 CAD | Lot Size | 0.52 AC |
| Sale Type | Investment or Owner User | Building Size | 4,754 SF |
| Cap Rate | 7.03% | No. Stories | 2 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1991/2025 |
| Property Type | Specialty | Parking Ratio | 1.68/1,000 SF |
| Price | $4,594,515 CAD |
| Price Per SF | $966.45 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.03% |
| Sale Condition | 1031 Exchange |
| 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 |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 310-38-001 | Improvements Assessment | $0 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Total Assessment | $1,886,364 CAD (2026) |
Property Taxes
Parcel Number
310-38-001
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$1,886,364 CAD (2026)
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6190 Rio Lindo Shores Dr - Mega Dock House - AirBNB
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