Current Use by Public Records
- Land
Property Details for 14665 Parkwood Dr
- Lot size
- 3.14 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents a fully improved, shovel-ready 63-unit multifamily development project located at 14665 W Parkwood Dr, Surprise, AZ 85374, in Maricopa County. The property, identified by APN 503-98-972, boasts a substantial 64,887 square feet on a 3.14-acre lot. Zoned PAD, the site is completely ready for construction, featuring completed infrastructure including curbs, gutters, sidewalks, fire hydrants, utilities, and retention areas. Detailed construction drawings are available. The unit mix comprises three 3-bedroom units, thirty-six 2-bedroom units, and twenty-four 1-bedroom units (twelve of which include dens). This Class B apartment building presents a compelling opportunity for immediate development, offering a significant return on investment. The asking price is $2,989,500. The property's prime location in Surprise, Arizona, ensures strong rental demand and potential for significant appreciation. This is a truly turnkey project, ready for immediate construction and occupancy. Don't miss this chance to acquire a high-value multifamily asset in a thriving market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Surprise
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.375
- Latitude
- 33.6492
