Online Only Auction 15-Unit Condominium Portfolio in Newton, IA Bidding Ends: Thursday, April 30 • 6 PM Investment Opportunity • Multifamily Redevelopment Project Property Address: 104 1st Ave E Units 1-15 Newton, IA 50208 Preview Dates: April 11 & 25 • 10 AM – 12 PM (10:00am – 12:00pm) Downtown Newton, Iowa Investment Opportunity This offering includes 15 deeded condominium units selling as a complete portfolio. A rare opportunity to acquire and complete a nearly finished multifamily redevelopment project. Ideal for investors seeking: • Multi-family portfolio opportunity • Desirable location, near completion • Strong small-market rental demand Property Highlights • 15-Unit Mix: o 11 – 1 Bedroom o 4 – Efficiency Units • 10 Units Nearly Complete o Renovated with quality Amish craftsmanship • 5 Units Ready for Completion o Taken down to the studs • Total Building Area: 7,693 ± Sq. Ft. • Common Areas Updated • Taxes: $7,552 (2025) • HOA Association Dues: $12,250 Building Features • City water & sewer • Electric forced air heat • Central air conditioning • Concrete streets, sidewalks, and walkable downtown location • Elevator service • New Roof replaced (2025) Bid to Grow Your Real Estate Portfolio Register & Bid: BidHeritage.HiBid.com 515-571-4363 Make Agency Iowa Scot Bergman, Associate Broker Marketing Provided by UC| Heritage Brokers & Auctioneers Visit Website for Full Auction Terms. Franchise office is independently owned and operated.