- For Sale $14,750,000
- Property Type Other
- Property Size 36,304 SF
- Year Built 2024
- Date Updated Jul 24, 2026
Description
Core Single Family Rental Community
Colliers Capital Markets Group is pleased to present a core investment opportunity consisting of 36-modern townhomes built in 2024. Parkside’s floorplans appeal to a broad subset of renters, that are attracted to the larger, functional floorplans that complement their active lifestyle.
The 36 townhomes are individually parceled, providing optionality to sell-off individual townhomes in the future. Today, similar townhomes across the street are selling for $480k+ on average, 15% above guidance on Parkside.
The property has completed lease-up and should stabilize to a 5.50% cap rate as concessions offered during the initial lease-up burn down and operations normalize.
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