Luxury homes for sale & real estate in South Iowa City, IA

Luxury Home for sale in South Iowa City, IA:

This is a 100-unit cooperative project with all units leased out. 66 are one bedroom with 575 SF and 34 are two bedroom with 800 SF. The building is a quadrangle style with grassy area in the middle. Annual income is $966,180, expenses are 50% at $483,083 and NOI is $483,097 giving a 6.6% CAP Rate. There are separate laundry rooms for extra income and two basement areas with storage units for the tenants. The parcel is 3.765 acres and has approximately 100 parking spaces and bus service nearby. Close to banking, shopping, schools and parks. It is also directly across Arthur street from the new Johnson County Neighborhood Center, a daycare and community center that will offer classrooms, com

Luxury Home for sale in South Iowa City, IA:

42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.

Luxury Home for sale in South Iowa City, IA:

Another quality built east side Westwinds Real Estate-Mike Hoogerwerf collaboration. This modern, two-story plan features 5 bedrooms and 3.5 baths with exposed wood beams in the entry, dining room & kitchen. Both the great room and kitchen offer two-story ceilings and the great room & den/office feature fieplaces. The first floor wine room makes for easy entertaining as does the back kitchen with a large walk-in pantry, extended prep area & additional sink and fridge. The breakfast nook off the kitchen compliments the more formal dining room. The second story includes three bedrooms, two full baths & laundry and the primary features a generous en-suite & covere

Luxury Home for sale in South Iowa City, IA:

Land for Sale! Re-Development Future Student Housing or Multi-Family Housing Project! Prime University of Iowa Campus & Downtown Iowa City Location! This is a Land Re-Development Sale! Three Adjacent Parcels Included In Sale! Buildings Onsite Being Sold "AS IS" Building Tear Down Expected At Buyers Expense For Re-Development Project! City Zoning Approvals In Place! Buyer Needs to Contact City of Iowa City For Specific Development Questions. 305 E Prentiss Street, 315 Prentiss Street and 625 S Gilbert Street Included In Sale! Parcel #101521000, #1015210002, #1015210003.