3719 W 9th St - Apartments FOR SALE


Waterloo, IA 50702
$2,000,000 USD
319-269-2477
3719 W 9th St, Waterloo, IA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/7
null | 7.38% Cap Rate

3719 W 9th St
Waterloo, IA 50702


HIGHLIGHTS

  • 24 Units
  • 30+ Parking Spaces
  • 0.57 Acres
  • Close Proximity to MercyOne Waterloo Medical Center
  • Close Proximity to Various Shopping Centers

OVERVIEW

Introducing 3719 W 9th Street. This investment property in Waterloo, IA, includes 24 units, on 0.567 acres with a 30+ space parking lot included. Built in 1978, this multi-family property offers a prime location adjacent to MercyOne Waterloo Medical Center, various employers, as well as many shopping and retail centers. With a unit mix of 19 one bedroom units and 5 two bedroom units this property creates the opportunity for major value add potential.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

24

PRICE/UNIT

$83,333

CAP RATE

7.38%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3719 W 9th Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

R-4

APN/PARCEL ID

8813-03-328-058,8813-03-328-059,8813-03-328-060,8813-03-328-061,8813-03-328-062,8813-03-328-063,8813-03-328-064,8813-03-328-065,8813-03-328-066,8813-03-328-067,8813-03-328-068

ASK ABOUT THIS PROPERTY

Phillip ShirkAW Commercial & DevelopmentMore Info
319-269-2477

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Phillip ShirkAW Commercial & DevelopmentMore Info
319-269-2477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.