3248 Parker Dam RdParker, AZ 85344

Property Details for 3248 Parker Dam Rd

Year built

1968

Lot size

0.41 AC

Property size (Sq ft)

3,290 SF

Property type

Commercial real estate

Description

This exceptional Parker, AZ property offers a unique investment opportunity. Situated on a 0.41-acre riverfront lot, it boasts a stunning 6-bedroom, 5-bathroom custom home with 4 bedrooms and 3 baths in the main house, plus 2 attached studio casitas, each with a private patio and entrance. The home has undergone a complete renovation within the last 18 months, exceeding $300,000 in improvements, and features a turnkey design with a strong rental history. The property also includes a small, income-producing mobile home park and boat storage units, providing multiple revenue streams. The current management company is eager to continue operations, ensuring a consistent income flow. Existing rental rates are below market value, presenting significant potential for increased profitability. Amenities include a private boat launch, private docks, and 50 feet of Colorado River frontage. This turnkey operation is ready for a new owner to seamlessly take over and capitalize on the existing income and growth potential. The property's prime location and diverse income streams make it an exceptional investment opportunity. The total square footage is 3,290 square feet.

Location Insight

City

Parker

County

La Paz

State

Arizona

Latitude

34.2854

Longitude

-114.136

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