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    OFF-MARKET
    Residential income homes

    16601 Parkview Pl, Surprise, AZ 85374

    1,454 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional 27-unit townhome community, completed in 2024, presents a compelling investment opportunity in the thriving city of Surprise, Arizona. Located at 16601 N Parkview Pl, Surprise, AZ 85374, this Class A multifamily property boasts 1,454 square feet per unit, spread across a single story. Each unit features a two-car attached garage and a private yard, offering residents desirable amenities. The community further enhances the living experience with a refreshing community pool. Surprise, Arizona, consistently ranked among the top 25 fastest-growing U.S. cities since 2020, exhibits robust rental demand and occupancy rates. This strong market performance is fueled by Surprise's rapid development and the increasing preference for single-family rental (SFR) and built-to-rent (BTR) properties, particularly given the current high costs of homeownership. This boutique townhome community is ideally situated in the heart of Surprise's city center, providing residents with convenient access to local amenities and services. The property's modern design and desirable features position it to capitalize on the continued growth and demand within the Surprise market. This is a rare opportunity to acquire a high-quality, newly constructed multifamily asset in one of the nation's fastest-growing cities.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2024
    Total area 1,454 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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