Multi family portfolio consists of nine buildings on seven properties (including two carriage houses). Historical occupancy levels for the portfolio are over 95% with one vacancy currently. Major restorations occurred on all properties over the last 5 five years.
Historical occupancy levels for the portfolio are over 95% with zero vacancy currently. Major restorations occurred on all properties over the last 5 five years. Several properties also currently have tax abatement.
2,240 SF Commercial/Retail Space with 9 units multi-family. Investment property
NAI Optimum Exclusively Offers: " Tenant pays gas and electric " Zoned: C-3A " Built in 1915
Turnkey rental property that already has professional property management in place if desired and will rent for $1100 per month, which produces a cap rate of 7.17%. This home has already had many upgrades completed and can be bought individually or as part of a portfolio with up to 28 other properties. Multiple Members of Selling LLC are Licensed Real Estate Agents and Brokers In the State of Iowa. Listing Agent is related to One Member of Selling LLC.