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701 E Pennington St
West Burlington, IA 52655

$8,040,000 USD

Apartments For Sale  •  81,300 SF

Property Details

  • Property Type Apartments
  • Total Building Size 81,300 SF
  • Lot Size 5 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 8.56 %
  • Zoning R4
0 Transit Score
38 Walk Score

Highlights

Full interior unit renovations
Ability to implement RUBS: Electric, water, sewer, and trash
Quality Brick Construction
Roofs Replaced
Little to No Deferred Maintenance
Cap Rate: 8.56 %

Amenities

  • 24 Hour Access
  • Disposal
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Recycling
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Carpet
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Burlington Amtrak Station (California Zephyr - Amtrak) 8 min - 3.8 mi
Max Colby 515-249-8355 CBRE
Max Colby 515-249-8355 CBRE