606-610 N Buxton St - Apartments FOR SALE


Indianola, IA 50125
$810,000 USD
515-453-5294
606-610 N Buxton St, Indianola, IA for Sale
$810,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

606-610 N Buxton St
Indianola, IA 50125


OVERVIEW

Expand and add diversity to your portfolio with this multi-unit property. A total of 14 units in 3 buildings make this a great option for the savvy investor who knows diversity in rentals is critical. 609 N Howard is a 3 bd 1 ba single-family home, while 606 N. Buxton is a large duplex (both 2 bed 1 ba), and 610 N Buxton is a purpose built 11 unit complex that has been updated throughout the years. New carpet, paint, appliances, and other updates are found throughout the various units. The 11 unit building offers all tenants access to the community laundry room and additional parking. there are 9 - 2 bd 1 bath units and 2 1bed 1 ba units. The SFH at 609 N Howard has had extensive work done, as well. Recently remodeled, painted, and a new roof has this unit set up for long-term gains. You will not find another opportunity quite like this one.

FOR SALE DETAILS

PRICE

$810,000 USD

PRICE/SF

$38 USD /SF

# OF UNITS

14

PRICE/UNIT

$57,857

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,619 SF

ZONING

R

APN/PARCEL ID

48140340020

ASK ABOUT THIS PROPERTY

Tanner LoydIowa RealtyMore Info
515-453-5294

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Tanner LoydIowa RealtyMore Info
515-453-5294

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