Listed by Clemons Real Estate
$11,750,000
Six at park
Details
APN 20-70-35-100-040-001-000
Property Type Multifamily
Sub Type Apartment Building, Mid-Rise
Square Footage 56,840
Units 27
Occupancy 100%
Price per SqFt $207
Year Built 2019
Buildings 1
Stories 4
Acreage 2.700
Parking Spaces 181 spaces
Parking Per SqFt 3.18
Investment Type Core+
Multifamily | 27 Units
Marketing description
Six at Park presents a rare opportunity to acquire a newly constructed (2019) commercial asset in the heart of Downtown Parkville, a charming and rapidly growing district. This property is within walking distance of Parkville’s lively downtown, known for its boutique shops, restaurants, and vibrant community atmosphere. With no new apartment construction in the vicinity, Six at Park meets the increasing demand for high-quality space in this sought-after location.
This property checks all the boxes: location, demand, long-term growth, operational efficiency, and an undeniable scarcity factor.
Investment highlights
- New Construction (2019) with Modern Design: High-quality finishes, energy-efficient systems, and flexible layouts attract a variety of tenants.
- Operational Efficiency & Value-Add Opportunity: Well-maintained asset with room for NOI growth through more efficient management, pet rent, and optimized expenses.
- Scarcity & High Demand: No comparable new developments in the area, creating a rare opportunity to own a prime asset in a supply-constrained market.
- Strong Rental & Growth Potential: Below-market rents, untapped RUBS implementation, and potential for student housing conversions offer immediate upside.
- Unmatched Location & Walkability: Situated in the heart of Downtown Parkville, steps from shops, restaurants,
- English Landing Park, and Park University.
Listing Contacts
Listed by Clemons Real Estate
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Zoning
B-2 CommercialGeneral CommercialGeneral Business
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View all 77 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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