Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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