$4,000,000
9.0 Units
MLS: 202605226
Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,100/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,750,000 for the 9 condo units ($305,555/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package.
MLS #: 202605226
Price: $4,000,000
Year Built: 2003
Income/Yr: $0.00
Expense/Yr: $0.00
Parking: None
Basement: See Remarks
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: 9.0
Laundry: Other
Energy Generation:
Heat/Cooling: Central Air
Elementary: Clear Creek
Middle: Clear Creek
High: Clear Creek
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Skogman Realty Co. - Agent: Mark Lynch - Information furnished by Iowa City Area Association of Realtors