1106-1108 Elm St - Apartments FOR SALE


Rolfe, IA 50581
$600,000 USD
712-304-2030
1106-1108 Elm St, Rolfe, IA for Sale
$600,000 USD
Apartments - FOR SALE
1/4
null | 9.6% Cap Rate

1106-1108 Elm St
Rolfe, IA 50581


HIGHLIGHTS

  • 100% Occupied
  • 9.6% Cap Rate
  • 10 Garages

OVERVIEW

Address: 1106 Elm St & 402 Fourth St, Rolfe, Iowa 50581 List Price: $600,000 ($30,000/unit) Cap Rate: 9.60% Year Built: 1971, 1972 & 1974 Number of Units: 20 Garages: 10 Number of Buildings: 4 Residential Unit Mix: 8-1BR/1BA & 12-2BR/1BA Avg. In Place Rents: $461 Laundry: Common (4 sets total) Heating: Boiler Cooling: Wall A/C units Water Heater: Common Appliance Package: Fridge and stove -Landlord pays electric, gas, water/sewer and trash. -100% of trash is billed back based on unit square footage. -94% of electric, gas and water/sewer is billed back based on unit square footage. PLEASE CLICK HERE FOR MORE INFORMATION: https://www.cbredealflow.com/buyer/agreement?pv=V-wbYfPrdaCiU0kqFcTnVkffc4vg61wTqeUIH03mDCmNJKusrnQBwlm6rZiD6gRa

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$30 USD /SF

# OF UNITS

20

PRICE/UNIT

$30,000

CAP RATE

9.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rolfe Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,112 SF

ZONING

-

APN/PARCEL ID

000000805154009

ASK ABOUT THIS PROPERTY

712-304-2030

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712-304-2030

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