$9,000,000
47.0 Units
MLS: 202502861
Investor Alert! On University of Iowa Campus! Walkable to Class and Downtown Iowa City! Buy Fully Leased Rentals With Land To Develop More Apartments. This Sale Includes Multiple Properties All Contiguous On Both North Dodge and North Governor Street North of Happy Hallow Park. Developers Take Advantage Of Existing Cash Flow With Upside of Additional Apartments to Be Built Onsite. There Is A Mix of Properties Included Two Apartment Complexes, Some Duplexes, Single Family Homes and Bare Apartment Land to Build On. All Existing Rentals Are Currently Fully Rented to Student Housing Until 7/23/2026. Owner is A Iowa Broker. This Sale Is Subject to a 1031 Tax Deferred Exchange.
MLS #: 202502861
Price: $9,000,000
Year Built: 1977
Income/Yr: $0.00
Expense/Yr: $0.00
Parking: Attached Garage, Detached Carport, Off Street
Basement: Slab
Total Sq Ft: 0
Electric Expense: $0.00
Gas Annually: $0.00
Maint Expense: $0.00
Insurance Expense: $0.00
Gross Tax: $0.00
Units: 47.0
Laundry: Other
Energy Generation:
Heat/Cooling: None
Elementary: Mann
Middle: Southeast
High: City
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Barkalow & Associates, Realtors - Agent: Tracy Barkalow - Information furnished by Iowa City Area Association of Realtors