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.
12-plex apartment building on west side of Iowa City with total rent at $10,185 per month. Each unit is a 2 bed, 1 bathroom. Two shared laundry rooms in building. Tenants pay gas, electric, and water. Some of the units have all new LVP flooring and updated fixtures. Open parking lot with one assigned space per unit and a few extra guest parking spots. Excellent location with easy access to 218 and Highway 1. 2023 Income Statement available in additional documents.