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505 S Kofa Ave
Parker, AZ 85344

Kofa Cabana Courtyard · Multifamily Property For Sale · 15,810 SF

Mobile Home & RV Parks Arizona Parker 505 S Kofa Ave, Parker, AZ 85344

Investment Highlights

  • 24 newly constructed Fleetwood units
  • Great local amenities
  • Fee Simple 1.03 Acre Developed Site

Executive Summary

24 brand new units ready for move in 2 bedrooms and 1 bath and a warranty that transfers with sale. Each unit come furnished with a refrigerator full-size range and full-size dish washer. Individual electric meters, and concrete walkways to the front door. This property is located within walking distance to the laundromat, and every convenience is nearby.
Kofa Cabana Courtyard Is a great opportunity for a long term financial investment with incredible upside benefits that come with ownership of this type of rental class. Each unit is 2 bedrooms, 1 bath with a warranty. There are 24 units in total at an estimated $1000 rental rate per month. The property features parking inside and outside of the walled area. Each unit has a full-sized AC unit. Each unit is built on a block stem wall with a crawl space.

PROPERTY FACTS Under Contract

Price Per Unit $166,646 Apartment Style Garden
Sale Type Investment Building Class C
Cap Rate 6.75% Lot Size 1.04 AC
No. Units 24 Building Size 15,810 SF
Property Type Multifamily No. Stories 1
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
 Year Built 2023
Price Per Unit $166,646
Sale Type Investment
Cap Rate 6.75%
No. Units 24
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Garden
Building Class C
Lot Size 1.04 AC
Building Size 15,810 SF
No. Stories 1
Year Built 2023

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Kitchen
  • Refrigerator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 24 - 585

zoning

Zoning Code Commercial (K-C-2 Comm: Community Business)
Commercial (K-C-2 Comm: Community Business)
 

  • Listing ID: 32175653

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 505 S Kofa Ave, Parker, AZ 85344

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