CBRE is pleased to present the opportunity to acquire De Ville Apartments, a meticulously maintained 48-unit multifamily community located at 1115–1119 4th Street SE in Mason City, Iowa. The Property features a balanced unit mix of 24 two-bedroom/one-bathroom and 24 two-bedroom/one-and-a-half-bathroom residences, offering spacious floor plans ranging from approximately 890 to 930 square feet. De Ville Apartments have been exceptionally maintained by long-term ownership and offers investors a rare combination of strong in-place cash flow and meaningful value-add potential. The Property has maintained a strong history of occupancy, while in-place rents remain below current market levels, providing an opportunity to grow revenue without the need for a significant capital improvement program.