711 E Burlington St - Apartments FOR SALE


Iowa City, IA 52240- Downtown Iowa City
$1,300,000 USD
319-331-0409
711 E Burlington St, Iowa City, IA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/1
null | 10.44% Cap Rate

711 E Burlington St
Iowa City, IA 52240
Downtown Iowa City


HIGHLIGHTS

  • Onsite laundry room.
  • Off Street parking lot.

OVERVIEW

INVESTOR ALERT! 10 unit apartment building for sale on University of Iowa Campus & Downtown Iowa City! Fully leased with student housing! This property has a mix of Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom and 4 Bedroom apartments. Off Street parking lot! Onsite laundry room! Tenants pay all utilities! All showings are subject to Tenants rights need at least 24 hour notice to show.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

10

PRICE/UNIT

$130,000

CAP RATE

10.44%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,986 SF

ZONING

RNS20

APN/PARCEL ID

1010484007

ASK ABOUT THIS PROPERTY

Mark LynchSkogman Commercial GroupMore Info
319-331-0409

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Mark LynchSkogman Commercial GroupMore Info
319-331-0409

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