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$3,000,000
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Property Description
**Not on leased land** Kofa Cabana Courtyard Is a great opportunity for a long term financial investment with incredible upside benefits that come with ownership of this type of rental class. Each unit is 2 bedrooms, 1 bath with a warranty. Each unit come furnished with a refrigerator full-size range and full-size dish washer. There are 24 units in total. The property features parking inside and outside of the walled area. Each unit has a full-sized AC unit. Each unit is built on a block stem wall with a crawl space. Each unit has an individual electric meter, and concrete walkways to the front door. This property is located within walking distance to the laundromat, and every convenience is nearby. **Owner may carry**
Full Property Details
Full Property Details for 505 S Kofa Ave
General
- Sold For: $3,000,000
- Taxes: $1,727 (2023)
- Status: Closed
- Type: Commercial Residential Facility
- Source: LakeHavasu_MLS
- MLS ID: 1030019
- Added to Site: 652 day(s) ago
Business
- Business Type: Apartment 5+ Units, Mobile/Trailer Park
Interior
- Flooring: Vinyl
Parking
- Parking Features: 31-50 Spaces, Community Drive, On Street, Parking in Common
- Garage Description: 0
Location
- Area: Town of Parker Area
- County: La Paz
- Subdivision: Town of Parker
- Cross Streets: W 5th St
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ground Mount Unit(s), Central Air, Electric
- Heating Type: Ground Mount Unit(s), Central, Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- # Buildings: 24
- Builder: na
- Construction: Wood Frame, Vertical Siding
- Square Feet: 585
- Year Built: 2023
Lot Features
- Lot Size (Acres): 1.03
- Lot Size (Sq. Ft.): 45,003
- Lot Size Source: Blueprint
- Lot Dimensions: 300 x 150 x 300 x 150
- Fencing (Description): Full, Back Yard, Block, Front Yard
Financial Considerations
- Price Per Sq. Ft.: $284.58
- Tax Amount: $1,727.3
- Tax Year: 2023
- Terms: 1031 Exchange, Cash, Conventional
- Tenant Pays: Electricity, Insurance
Disclosures and Reports
- Property ID: 311-19-026a
- Tract: 1
- Section: 1
- Block: 74
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Schools
Schools serving 505 S Kofa Ave
School District:Parker Unified School District
| Name | Grades | Distance |
|---|---|---|
Parker High School 1600 South Kofa Avenue, Parker, AZ 85344 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 S Kofa Ave
Date
Details
Price
Change
Source
2/25/2025
Sold
$3,000,000
-24.92%
MLS
6/18/2024
Price Reduced
$3,995,500
-4.87%
MLS
4/04/2024
Listed
$4,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 S Kofa Ave, Parker, AZ 85344 (MLS# 1030019) is a Commercial Residential Facility property that was sold at $3,000,000 on February 25, 2025. This property was listed by The A Team from our Lake Havasu Office.Want to learn more about 505 S Kofa Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Parker? You can browse all Parker real estate or contact a Coldwell Banker agent to request more information.


