305 E 25th Street Pl S - Apartments FOR SALE


Newton, IA 50208
$275,000 USD
712-304-2030
305 E 25th Street Pl S, Newton, IA for Sale
$275,000 USD
Apartments - FOR SALE
1/7
null | 8.02% Cap Rate

305 E 25th Street Pl S
Newton, IA 50208


HIGHLIGHTS

  • New roof in 2023

OVERVIEW

305 E 25th St S can be acquired as part of a larger 22-unit portfolio all located in Newton, Iowa. List Price: $275,000 Cap Rate: 8.02% Year Built: 1955 Number of Units: 4 Unit Mix: All 2BR/1BA Total Building SF: 2,496 Avg. In Place Rent: $630 Parcel Size: 0.58 acres New roof in 2023 Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=wOjVrYfMeFDVCS8X4M5drAcHbjDoJTWqSst01DrSNbHkUUe6vKFS3wVFDjnPJcD_ Construction: Wood frame Foundation: Concrete Exterior Materials: Vinyl siding Windows: Metal Roof: Asphalt shingled Heating: individual furnace Cooling: Window A/C Water heater: individual Residents pay for electricity and water & sewer directly, trash and pest control are billed back monthly

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

4

PRICE/UNIT

$68,750

CAP RATE

8.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,395 SF

ZONING

-

APN/PARCEL ID

08-35-281-004

ASK ABOUT THIS PROPERTY

712-304-2030

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

712-304-2030

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