$4,950,000
36.0 Units
MLS: 202502864
36 Unit Apartment Complex For Sale! Prime Location Close to University of Iowa Hospitals & Clinics! 34 Two Bedroom & 2 One Bedroom Apartments. This location offers elevator, underground garage parking, patio/balcony in each apartment. Tenants pay all utilities. Building is close to U of I Hospital, U of I Law, Pharmacy, Dental & Kinnick! Public transportation in front of building. Brand new coin operated machines onsite. Sale is subject to Seller completing a 1031 tax differed exchange. Pre-Approved / Qualified Buyers Only! Owner is a licensed Realtor in the state of Iowa.
MLS #: 202502864
Price: $4,950,000
Year Built: 1984
Income/Yr: $505,000.00
Expense/Yr: $0.00
Parking: Attached Garage, Off Street
Basement: Full, Walk Out Access
Total Sq Ft: 33696
Electric Expense: $0.00
Gas Annually: $0.00
Maint Expense: $0.00
Insurance Expense: $0.00
Gross Tax: $55,936.00
Units: 36.0
Laundry: Laundry Room, In Hall
Energy Generation:
Heat/Cooling: Natural Gas, Window Units
Elementary: Horn
Middle: Northwest
High: West
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