401 Central Ave SW - Apartments FOR SALE


Le Mars, IA 51031
$445,000 USD
712-224-2727
401 Central Ave SW, Le Mars, IA for Sale
$445,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

401 Central Ave SW
Le Mars, IA 51031


HIGHLIGHTS

  • Attached Garage!

OVERVIEW

Unique conversion to 3-plex with one unit per floor plus one detached apartment and attached garage in central part of Le Mars with easy access to Hwy 3 and good proximity to City's largest employers. Roughly 10 blocks to Community School. Capital improvements within the last 5 years. Washer/dryer in each unit. Utilities, Water, Gas, Electric paid by tenant on separate meters. Security deposits foreach tenant and pet deposit are applicable. Landlord pays heat bill in "tunnel", trash service, water softener, sprinkler, snow removal and yard maintenance

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$87 USD /SF

# OF UNITS

3

PRICE/UNIT

$148,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,953 SF

ZONING

-

APN/PARCEL ID

12-16-182-007

ASK ABOUT THIS PROPERTY

Lawrence JensenNAI UnitedMore Info
712-224-2727

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Lawrence JensenNAI UnitedMore Info
712-224-2727

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