16601 Parkview Pl Surprise, AZ 85374
- Residential income homes
- 1,454 SF
Current Use by Public Records
- Residential income homes
Property Details for 16601 Parkview Pl
- Year built
- 2024
- Property size
- 1,454 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
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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
- -112.381
- Latitude
- 33.6352
