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110 4th Street SE - Oak Crete Plaza, Spencer, IA

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110 4th Street SE - Oak Crete Plaza

Spencer, IA 51301-5317

Property Type:Multi-Family Number of Units:68 Status:Existing Year Built:1978
Stories:5 Building Size:55,424 SF Land Area:1.09 AC (47,350 SF)
For Sale Price:$2,597,000 Price/Unit:$38,191.18 Cap Rate:7.50 % GRM:-

Parking:.64 Parking Spaces / 1,000 SF

Sale Notes:
Oak Crete | 68 Unit Building! Well Built Concrete Structure. Individually Metered Electric & Heated Units. All Units Have A/C. Building Consists Of (40) 2 Bedrooms, (27) 1 Bedrooms, & 1 Penthouse Unit With 3 Beds/3 Baths. 36 Car Parking Structure Adjacent To The Property. Plenty of Exterior Paved Parking. Newer Windows and Updated Hallways. Individually Metered & Heated. Potential Condo Conversion Building.
Northwest Iowa. Spencer Iowa near the Iowa Great Lakes of Okoboji

Integrity Real Estate
Nick Steffes
(773) 936-8948

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