Matt Lepic - Commercial Real Estate Showcase

Matt Lepic Property Listings
Lepic-Kroeger, Realtors
2346 Mormon Trek Blvd
Iowa City, IA 52246

1102 Hollywood Boulevard

Highway 6 to Taylor to Hollywood
Iowa City, IA 52240-7002

Property Type:Multi-Family Number of Units:15 Status:Existing Year Built:1969
Stories:2 Building Size:19,440 SF Land Area:.49 AC (21,558 SF)
For Sale Price:$1,295,000 Price/Unit:$86,333.33 Cap Rate:9.00 % GRM:-


Sale Notes:
Remarkably kept and updated Townhome complex. 3 Buildings with 15 Total units. Each Two Story unit has 1296 SQFT, 2 Bedrooms Upstairs and 1 Bathroom Upstairs. Main level has a large living room and open kitchen with all appliances. 11 out of the 15 units have been completely remodeled. Each unit has a 650 SQFT unfinished lower level with painted concrete floors. Rents on these units have gone up yearly and still have room to move. Call listing agent to get showings set up with Management. Owners are Licensed Realtors in the State of Iowa. Buyers need to comply with the Sellers 1031 Tax Free Exchange

Lepic-Kroeger, Realtors
Matt Lepic
(319) 321-7199

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