444-488 Angella St - Apartments FOR SALE


Dubuque, IA 52001
$2,100,000 USD
319-329-2674
444-488 Angella St, Dubuque, IA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

444-488 Angella St
Dubuque, IA 52001


OVERVIEW

45 unit apartment building, with 20 efficiencies and 25 one bedroom units. The building has had significant remodeling done within the units, with new flooring, paint, and fixtures. New kitchens in some. Old fuse boxes replaced for entire building with breakers. No laundry currently on-site, but option to add with a room that has already been plumbed out with water and electric. Seller is offering a three month rent guarantee for any vacant units at time of closing at current rent prices to help finish lease up due to renovations. PTAC heating and cooling units are in each apartment unit and provide both electric heat and electric air. Four parcels included in sale, see attachment for detailed property info. Info per assessor's site, Buyer should complete their own due diligence. Agent related to Seller. Agent licensed in the State of Iowa. Seller may opt to participate in 1031 exchange. Four parcels included in sale.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$57 USD /SF

# OF UNITS

45

PRICE/UNIT

$46,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

444 Angella St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,851 SF

ZONING

CI

APN/PARCEL ID

10-24-179-001,10-24-183-008,10-24-326-009,10-24-326-011,10-24-328-010,10-27-104-005,10-28-202-001,10-28-202-002

ASK ABOUT THIS PROPERTY

Samm ArendsRealty87More Info
319-329-2674

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Samm ArendsRealty87More Info
319-329-2674

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