Iowa Apartment Buildings for Sale

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800 Veterans Memorial Highway

Council Bluffs, IA 51501

Multi-Family

$449,000Size Upon Req.

14 lot Mobile Home Park. ( 2 Acres.) Adjacent additional 2 Acres with 23 room Motel also available. 4 Acres total possible for developement, or continue successful operation. (sellers spouse is ne. licensed real estate agent) This is a great opportunity for a large partial in the best growing area of Council Bluffs. New 4 lane with huge traffic count. Make offer.

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1001 Avenue I

Hawarden, IA 51023

Multi-Family

$34,0002,670 SF

Charming 4 Bed 3 Bath Single Family Home. Spacious home with sun room, Wood trim details throughout, Full basement, Carpet/vinyl flooring. Home will need renovations/repairs but overall a great home to own! Call for additional details or to set up viewing.

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2056 Parkview Circle

New Hampton, IA 50659

Multi-Family

$235,000Size Upon Req.

Parkview Court, New Hampton, IA $235,000.00 15 units, 1 vacant with 2-1br cabins which are rented out. 3 park owned homes rented out, when the park was purchased 7 years ago there were 12 park owned mobiles, as the tenants moved out the homes were sold. The 3 current park-owned mobiles have the original residents from 7.5 years ago when the park was purchased and are terrific tenants. Lot rents $160, 4 garages $40 each, cabins $400 and $450, 2 mobile rentals $400 and $425. Owner pays garbage and water/sewer, the park is paved. The bills show up on the P&L. Tenants pay gas and electric, the manager pays $189 rent and owner covers the gas bill. The city has agreed that each unit can be metered for water and sewer, this would save approximately $4800 per year and would result in a quick pay back. Has been a very good park with great small town residents.

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1630 W 8th Street S

Newton, IA 50208

Multi-Family

$548,0006,909 SF

Excellent opportunity to acquire a proven investment package of high demand properties in an extremely tight rental market. Package consists of 3 Single Family homes and 2 Duplexes for a total of 7 Units. Low-maintenance, few expenses & easy to manage!

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1204 Guthrie Street

De Soto, IA 50069

Multi-Family

$1,447,00018,632 SF

13 Room Motel & 18 Unit Apartment Complex with Over 7 Acres of PRIME Real Estate on Interstate 80 in De Soto, Iowa. Also Included in Sale is a Nice Single-Family Home and an Apartment Located Above the Motel. All rental units are100% Occupied.

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5801 Jebens Avenue

Davenport, IA 52806

Multi-Family

$480,0008,400 SF

4 ADJOINING DUPLEXES - 2601-3 & 2605-7 W 58TH ST. AND 5801-3 & 5805-7 JEBENS AVE., DAVENPORT,IOWA FULLY OCCUPIED EACH UNIT HAS 3 BR, 1 & 1/2 BATHS, CAC, FULL BASEMENT, OFF STREET PARKING SELLER MAY ELECT TO DO A 1031 TAX DEFERRED EXCHANGE AND BUYER SHALL AGREE TO COOPERATE

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2615 Kingman Boulevard

Des Moines, IA 50311

Multi-Family

$254,0004,977 SF

This converted duplex now houses eight one-bedroom apartments and has available off street parking. Notable Features: " Nonsmoking premises, including inside the apartments. " Excellent location for Drake University undergraduate and graduate / law students. " 2 huge first floor units with lots of woodwork, private 3 season porches, foyers, decorative fireplaces, eat in kitchens, central air. 4 cozy second floor units with baseboard electric heat. 2 popular third floor units with baseboard electric heat, sloped ceilings, built-ins, and a knotty pine cabin-like feel. " Recent upgrades include new furnace/central air units for apartments #1 & 5, new baseboard heating for other apartments, upgraded kitchens and baths in all units, building insulation, new retaining wall and sidewalk, new asphalt in parking lot, new mailboxes. " Landlord pays water & hot water/cooking gas, tenants pay electricity & heating gas In order to disrupt current residents as little as possible, this building will be shown to serious prospective buyers only with documentation indicating he/she is qualified to purchase / finance the property.

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101 4th Avenue

Grinnell, IA 50112

Multi-Family

$513,0007,336 SF

-------------------------------------------------------------------------------- DRASTIC PRICE DROP! 18 Plex located by hospital in SW Grinnell. This property is divided into 3 buildings: 8 Plex built in 1975; 4 Plex built in 1974; and 6 Plex built in 1974. All units have two bedrooms, 1 full bath, living room, and kitchen. Some units have dining rooms also. All have central air and forced heat. Each building has a coin operated laundry room. There are a total of four new sets of machines. Two buildings have new roofs, almost all have new water heaters, new paint and carpet when the tenants vacate. Please call your local realtor for a private showing. (101 4th Avenue, 915 Prince and 917 Prince)

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400 S Fremont St

Clarksville, IA 50619

Multi-Family

$540,000Size Upon Req.

Sunrise Manufacture Home Park with 35 units and a storm shelter.  This property has an office with garage that is currently rented to a tenant.  Get into the rental business big with this purchase.  All units are have separate water and electric meters.  Tenants are responsible for their own utilities.  Good cash flow.

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700 Wisconsin Street

Charles City, IA 50616

Multi-Family

$639,0008,228 SF

Excellent tenants with very low turn over rate. The entire property is nonsmoking and pets are not allowed. Owners have well maintained the building and grounds. Additional income from coin-op washers and dryers on site and 5' x 8' storage closets available for tenants to rent. 20 apartments are in this building. 6 - 2 bedroom units, 14 - 1 bedroom units. One bedroom units rent for $385/month and two bedroom units rent for $435/month

Iowa Apartment Buildings for Sale

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