1 Richards Dr - Apartments FOR SALE


Keokuk, IA 52632
$965,000 USD
515-415-6111
1 Richards Dr, Keokuk, IA for Sale
$965,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

1 Richards Dr
Keokuk, IA 52632


HIGHLIGHTS

  • 100% Occupied
  • Across the street from Keokuk Middle & High Schools
  • Within 5 minutes of WalMart, Hy-Vee, Aldi, and several other retailers

OVERVIEW

CBRE is pleased to offer The Moss Apartments, a 16-unit property located in Keokuk, Iowa (population: 9,462). Keokuk is the southernmost city in Iowa and is at the junction of U.S. Routes 61, 136 and 218. The property is located across the street from Keokuk Middle & High School and within 5 minutes of WalMart, Hy-Vee, Aldi, and several other retailers along HWY 218/Main Street. The property consists of two brick buildings built in 1978 and features an ideal unit-mix of all 2-bedroom units. Address: 1 Richards Dr, Keokuk, IA 52632 List Price: $965,000 Year Built: 1978 Number of Units: 16 Unit Mix: All 2BR/1BA Occupancy: 100% Total Building SF: 16,800 Avg. In Place Rent: $710 Number of Buildings: 2 Number of Stories: 2 Parking: Surface Click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=HdBMBKZMqC3NbNPsHTPICs-CoXH1u-4O3_KR6aMPc7LhjeikUrlIMc31fSZ7uyEI

FOR SALE DETAILS

PRICE

$965,000 USD

PRICE/SF

$60 USD /SF

# OF UNITS

16

PRICE/UNIT

$60,313

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Moss Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,495 SF

ZONING

MF

APN/PARCEL ID

04-45-21-24-354-0070

ASK ABOUT THIS PROPERTY

Ray HamiltonCBREMore Info
515-415-6111

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Ray HamiltonCBREMore Info
515-415-6111

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