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Executive Summary

Discover an excellent investment opportunity with this low-maintenance 24-unit condo complex, perfectly positioned in the heart of Parker and just minutes from the river. Each spacious 2 bedroom, 2 bathroom unit offers comfortable living with an efficient layout, ideal for long-term tenants or short-term rental potential. The complex is designed for easy upkeep, helping maximize returns while minimizing operating demands. A rare chance to own a centrally located property with strong rental appeal and unbeatable proximity to local amenities, recreation, and the river lifestyle Parker is known for.

Property Facts

Price $3,500,000
Price Per Unit $145,833
Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.69 AC
Building Size 18,480 SF
No. Stories 2
Year Built 1979
Parking Ratio 1.14/1,000 SF
Zoning OT

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 24 - 684
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 40696310

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 1800 S Kofa Ave, Parker, AZ 85344

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